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

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
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

Centre reduces excise duty on petrol by Rs...

May 21, 2022

Nagpur temp – 43.4, Gondia hottest with 44.5

May 21, 2022

NADP holds training for executives in Indian Defence...

May 21, 2022

Art fest concludes on a colourful note

May 21, 2022

Class 11 admission process to begin from May...

May 21, 2022

City students shine in NIFT Design Entrance Exam

May 21, 2022

Nagpur man receives “contains egg” written in white...

May 21, 2022

Nautapa from May 25

May 21, 2022

Fire broke at Purshottam Bazar Zingabai Takli

May 21, 2022

Wearing helmet improperly can cost you Rs 2000

May 21, 2022

Trending News

  • RTMNU exam in MCQ format off-line mode

    May 20, 2022
  • Umran Malik becomes youngest bowler to take 20 wickets in an IPL

    May 19, 2022
  • Mini MBA course in just one rupee, know how

    May 17, 2022
  • Know how to block spam calls on iPhone

    May 16, 2022
  • India reeling under 50°Celsius is a matter of concern

    May 16, 2022

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
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • 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.