Yes Bank account holders' alert! Very important message for you
Do you have an account in Yes Bank? Good news for you is here! Yes Bank will restart full-fledged banking services from today i.e. Wednesday, 6 p.m. onwards. Accordingly, the moratorium imposed on Yes Bank by the RBI will come to an end at the same time.
Full banking services: Date and time
-According to official confirmation by Yes Bank, full banking services will resume from Wednesday, March 18, 2020, 18:00 hours
-Yes Bank customers can visit any of 1,132 branches from March 19, 2020, post commencement of banking hours to experience suite of services.
-Yes Bank customers will also be able to access all digital services and platforms
-Yes Bank tweeted, "We will resume full banking services from Wed, Mar 18, 2020, 18:00 hrs. Visit any of our 1,132 branches from Mar 19, 2020, post commencement of banking hrs to experience our suite of services. You will also be able to access all our digital services & platforms @RBI @FinMinIndia."
-"As per the notification issued by @FinMinIndia on Mar 13, 2020 on YES BANK’s Reconstruction Scheme, the moratorium issued by Govt of India vide notification number S.O.993(E), dated Mar 5, 2020 will cease to have effect on Wed, Mar 18, 2020, 18:00 hrs," Yes Bank tweeted.
We will resume full banking services from Wed, Mar 18, 2020, 18:00 hrs. Visit any of our 1,132 branches from Mar 19, 2020, post commencement of banking hrs to experience our suite of services. You will also be able to access all our digital services & platforms@RBI @FinMinIndia
— YES BANK (@YESBANK) March 16, 2020
The government had notified the Yes Bank reconstruction scheme as per which the moratorium on the private sector lender will be lifted on March 18. Current administrator Prashant Kumar has already been appointed managing director and CEO of the newly-reconstructed board. The Yes Bank Reconstruction Scheme 2020, came into force on March 13, the gazette notification said.
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