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Capped at Rs 50,000 by Yes Bank withdrawals after RBI moratorium
Paniced Yes Bank customers form queue at one of the bank's branches a day after RBI placed restrictions on the troubled bank
New Delhi :
Yes Bank customers are facing issues in accessing net banking services since last night as thousands of customers of the troubled bank struggle to transfer funds or check any bank account details online, reported Livemint.com. There has been a major surge in Yes Bank net banking services since RBI placed a 30-day moratorium on the bank and capped withdrawals at Rs 50,000 per account in a month.
Not just netbanking but individuals using UPI services to transfer funds were also affected.
Dear customer, due to heavy traffic on our NetBanking, we are temporarily unable to process your request. Please try again later or use the YES mobile app to carry out your transactions,” reads a message flashed on the bank’s online banking page said.Since most failed to transfer cash, there has been a significant surge in queues outside the bank’s branches and ATMs across the country. The government and RBI assured that the interest of the depositors will be protected at any cost.