Explained: Why capping withdrawals from Yes Bank is a terrible idea

Explained: Why capping withdrawals from Yes Bank is a terrible idea

Explained: Why capping withdrawals from Yes Bank is a terrible idea

Written by P Vaidyanathan Iyer , Edited by Explained Desk | New Delhi | Updated: March 7, 2020 at 3:44 pm

Capping withdrawals for Yes Bank depositors is foolish for two specific reasons, particularly when the economy is floundering with growth rates of around 5%.