RIP Yes Bank

Sushubh

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IndusInd is also supposedly in trouble. I guess I would have to open a third bank account.

Most of my funds are stuck in Yes Bank now. I use it to make UPI purchases and credit card payments. This is going to be extremely fun.
 

Sushubh

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Tried transferring 50K from Yes Bank to IndusInd. Failed.
 

Sushubh

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online banking is crawling and not letting me login.
 


Citrus

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This is going to create panic across all sectors. There are only three TBTF banks in India, ICICI Bank, HDFC Bank and SBI Bank. People should stick with those unless unavoidable.
 

Sushubh

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Yeah i guess would have to open an account in SBI. I did move all of my FDs from Yes Bank to IndusInd back when the shit started. IndusInd is also not doing good and could land in same situation in a matter of months.
 

Sushubh

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upi is not even able to show balance right now lol. had to check sms to see how much balance is in it.
 
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