The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Crime
  • Entertainment & Lifestyle
  • Featured
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • Nagpur City
  • Politics
  • Business
  • Nagpur Education
  • Entertainment
  • Nagpur Sports
  • Health
  • Vidarbha
  • Crime
  • Obituary
Nagpur City

Yes Bank crisis affects NMC

by Tejas Mundhada March 9, 2020March 11, 2020
written by Tejas Mundhada March 9, 2020March 11, 2020
Yes Bank crisis affects NMC

As the private sector lender Yes Bank has been going through a hard time, its customers and depositors are suffering the most. Not only the common public but now Nagpur Municipal Corporation (NMC) has also been included in the list of the ones who’s funds have been stuck in the ongoing issues.

The prior cash crunch going on with the civic body now has entered into another loop of paucity of cash. Around 95 crore of NMC,which were provided by the Chief Ministers funds are known to be stuck in Yes Bank.

Reserve Bank of India has imposed a moratorium on Yes Bank, restricting withdrawals to rupees 50,000 per depositor till April 5.  The officials have mentioned that this would not affect the developmental process and the ongoing functions would be running smooth as before.

0 comment
FacebookTwitterLinkedin
Tejas Mundhada

previous post
Holi celebration- Public transport to be closed
next post
Suspension of Passenger Services on Orange & Aqua Line on March 10

You may also like

Scientist from Nagpur receives prestigious “Tata Innovation Fellowship...

March 5, 2021

District Collector directs citizens to inform local authorities...

March 5, 2021

Amidst soaring fuel prices, city youth transforms his...

March 5, 2021

CP issues notification to ban mass gatherings, processions...

March 5, 2021

Maha Govt issues notification to restore status of...

March 5, 2021

Bicycle rally organized by Corporation officials, employees on...

March 4, 2021

Nagpur improves ELI rating to 17, NMC also...

March 4, 2021

NMC fines 7 shops for dumping organic waste...

March 4, 2021

Mayor inspects makes surprise visit to one of...

March 4, 2021

COVID-19: Nagpur reports 1070 fresh cases, tally reaches...

March 4, 2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.



Trending News

  • 18 services under RTO moves online

    March 5, 2021
  • COVID-19: Central Govt issues fresh guidelines for restaurants, shopping malls

    March 5, 2021
  • Yog Nritya spreading fitness in city gardens

    March 3, 2021
  • In10 Media Network’s New Hindi General Entertainment Channel ‘Ishara – Zindagi Ka Nazara’

    March 1, 2021
  • Sony launches digital voice recorder PCM-A10 for supreme sound, superior recording

    March 1, 2021

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

March 2020
M T W T F S S
« Feb   Apr »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Crime
  • Entertainment & Lifestyle
  • Featured
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.