New Delhi: Hearing the news of Yes Bank sinking, account holders have started worrying about their money being drowned. Since the Reserve Bank of India (RBI) announcement on Thursday, Yes Bank customers have been standing in long queues outside ATMs to withdraw their money. Union Finance Minister Nirmala Sitharaman made a big statement on Friday about the scuffle in customers due to the Yes Bank crisis. Sitharaman said that the account holders need not get upset, the money of Yes Bank customers is safe.
Union Finance Minister Nirmala Sitharaman said in her statement that, we are constantly monitoring the situation, soon RBI will find a way to deal with this crisis with new schemes. I want to assure the account holders and investors that the Government and RBI are keeping an eye on this issue. No need to panic, everyone's money is safe. Sitharaman further said that, we have made a manual which will be in everyone's interest. RBI has assured that a proposal will be discovered at the earliest.
In his statement, Nirmala Sitharaman further said that RBI has given a concession to withdraw up to 50,000 to customers, if anyone needs more money then they have to follow the rules made. Let us tell you that RBI Governor Shaktikanta Das said earlier in the day that the resolution of Yes Bank will be done very fast and for this a time period of 30 days has been kept.
Also Read:
Changes in the price of petrol and diesel for the second consecutive day, know today's price
Yes Bank shares fall to Rs 5.65
Bank employees will go on strike again this month
Big shock to Chanda Kochhar, High Court refuses to hear the petition