We all know the current condition of YES bank. From the restriction to the arrest warrant of the Founder of the bank, it is all going down. Now, YES bank has enabled inward NEFT/IMPS services. To keep it simple and easy for all, it means that now, everyone can use the other bank accounts if they want to send payments to YES bank through NEFT/IMPS.
According to the news, the private lender has also informed by their official twitter account that everyone can make payments towards YES bank credit card dues and loan obligations.
Currently, the bank YES bank has also put the withdrawal limit of INR 50,000 only. But the withdrawal cap imposed on the Yes bank’s depositor will be withdrawn by March 15.
The administrator appointed by The reserve bank of India named Prashant Kumar told this to CNBC-TV18. He said that there are no more question regarding the merger with the State bank of India.
The main aim is to make all the banking services available to the YES bank now. He said- The target is to make all banking services available at the earliest,”
He also added that he is confident about it and the moratorium will get ended by the end of this week too.