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Yes Bank Crisis: Account holders stand in a queue to withdraw money | See Pics

Account-holders stand in a queue to withdraw money from Yes Bank. On Thursday, the RBI said a moratorium has been imposed on Yes Bank, stressing that the bank’s financial capability has undergone a steady decline largely due to the inability of the bank to raise capital.

Maharashtra, Mar 06 (ANI): Account holders stand in a queue to withdraw money from Yes Bank at Bandra in Mumbai on Friday. The central bank on Thursday imposed a moratorium on the capital-starved Yes Bank, capping withdrawals at Rs 50,000 per account and superseded the board of the private sector lender with immediate effect. (ANI Photo)