Yes Bank

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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.
 
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.
 
Sad, opened my account few days ago in this bank because my previous bank axis going to increase the MAB to ₹12k from April
 
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However, RBI has said that the limit can be increased under special cases like medical treatment of depositors and those dependent on him/her, towards payment of higher education costs of the depositor or any person dependent on him/her in India or abroad.

It further said that customers can withdraw a higher amount to pay obligatory expenses in connection with marriage or other ceremonies of the depositor or his children.
 
i have more hassles this month. merger of psu banks would be applicable from april 1. andhra bank is one of them. parents have locker and fds in it. bank account and fd would of course migrate to union bank. locker status is unclear. i mean it's not like they can just create extra space to accommodate all the lockers from merged banks. so would have to get that locker emptied before april 1.
 
i can login to online banking and mobile app but both are basically programmed to block any kind of transaction. upi continues to fail.
 
it does not even try. directly fails. says bank servers not responding. would drop a cheque at indusind branch tomorrow. yes bank servers are probably overloaded or intentionally crippled.
 

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