Is money in yesbank not safe?
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There is a first for everything. Btw PMC is a scheduled bank it received the status in 2000 (as per their website), it is not a commercial bank though as it comes under cooperative category.
One of my friend’s company CEO has closed all his FD in yes bank last month, he had to fight his way and use Gormint contacts to get his money out of the bank
Total amount was 10 cr+
so you get the message
10cr+ is not a small amount & that too in FDs. Forget Yes bank,even a bank in regular condition won’t let go of this amount easily without enough justification.FDs are treated separately from normal savings account in a bank’s account books & premature withdrawal of FD is something like a loss for bank’s potential/future earnings.
These hindi newspapers are not even good for wiping shit
I have significant amount in yes bank FDs and maturity date is far ahead….in dilemma ..what to do ? services of yes bank are quite good…
See my posts,nothing much to worry.In worst case scenario RBI will merge Yes Bank with some big public/pvt bank & your deposits will remain safe with only loss being to yes bank shareholders.
Amounts upto 1 Lac per individual will get covered under DICGC and you can expect recovery of that only. Any amount above and over it please consider it at risk.
If its not co-operative bank.. Its safe bro… Otherwise for safety don’t keep more than lakh in single account
Luckily, I never had bank account in Yes Bank but if it was my money, I would transfer it to other banks ASAP.
Will you remain on a sinking ship if you saw the captain of the ship abandoning it?
Nonsense ia being spoken by only peoples who don’t know what exactly happening.
These all game played by Big Peoples to get the shares if YesBank at low price as possible.
And for CET 1 capital bank will get capital in feb only in EGM.
Spreading the rumour among peoples by these media who are paid to write this.
What about credit cards? If bank goes down, pending bill gone?
You wish!
shift money to big 4
Having salary account in Yes Bank
If you are here in desidime and believe these kind of rumour then i think you should search more about it.
I have shares
do guys really believe in anything without any details?
@AtulAggarwal just explain here how YesBank is in debts. Explain it otherwise don’t spread false rumour like other media peoples on NEWS Channels.
It is not debts, but bad loans which are hurting the bank.
Today yes bank bhaga 6 %.. yes to nahi dubega.. bcz. I am investor.. they were looking for investment.. i did
I have shares bought at 45/-
Wanna to giveaway.
#Kidding bro
Btw i have one other crap share.. uttam value steel.. isme maine accha banaya. 1lakh shares bought at .05.. sold at 0.10.. boughht again 50k at 0.10 waiting to sell at .15.. will keep repeating.. no loss only profit.. ek aur crap hai anil waki rcom baa 2.5k share.. at 0.8 ..
What would you do if it settles at 0.05 again
I have Re 0.33 remaining in yes bank account. Should I be worried and take out that also?
RBI has never allowed any scheduled commercial bank to fail in India since independence(cooperative banks like PMC are not scheduled commercial banks). Closest a scheduled commercial bank came to failing in India was Global Trust Bank in 2004 but RBI merged it with Oriental Bank so depositors did not lose any money though shareholders of global trust bank got nothing(aka no shares of oriental bank in exchange). Yes Bank is much bigger than Global Trust bank so RBI is definitely keeping a sharp eye on it.