In pics: Customers of Yes Bank line up outside ATMs for cash fearing loss of deposits

• The Reserve Bank of India put withdrawal restrictions on customers of Yes Bank.
  
• Depositors cannot withdraw more than ₹50,000 from their savings/current/other deposit accounts.
  
• The notification from the RBI came just ahead of the festive season and has led to panic.
  
• However, most ATM’s aren’t working and those which are working ran out of cash minutes after the news broke.
  

Customers of Yes Bank woke up to a tense notification from the Reserve Bank of India. The central bank said that customers cannot withdraw more than ₹50,000 from their savings/current/ other deposit accounts.

The news about the crippling status of Yes Bank just a few days before the festival sent customers into panic mode. It is the second bank to enter troubled territory after Punjab & Maharashtra Cooperative (PMC) Bank.