Yes Bank customers in K'taka have tough time getting cash


Bengaluru, March 6 (IANS): Several Yes Bank customers in the capital here and across the state faced crunch as its ATMs ran out of cash and branches fell short to disburse.

"We have 37 branches in Bengaluru and 74 in Karnataka. We are honouring our commitment to the account holders," told a Yes Bank employee to IANS on the condition of anonymity.

However, many customers rushed to the bank and ATMs to withdraw, resulting in cash getting exhausted within a few hours on Friday, forcing the ATMs to be shut.

The Reserve Bank of India (RBI) has superseded the bank's board and restricting withdrawls at Rs 50,000 over next one month.

At Hubbali, several Yes Bank customers are visiting the Club Road branch to withdraw cash, leading to long queues being formed and extensive waiting.

Customers are demanding the bank employees to explain as to when the crisis will be resolved, as they struggle for cash with cheques and withdrawal slips.

The account holders poured out their ordeal that that the ATMs were not working and debit cards being rejected at other banks.

 

  

Top Stories


Leave a Comment

Title: Yes Bank customers in K'taka have tough time getting cash



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.