The moratorium on Yes Bank will be lifted within three days, says Finance Minister Nirmala Sitaraman. The government has approved the revival plan for Yes Bank on Friday. HDFC, Kotak Mahindra Bank, ICICI Bank and Axis Bank are teaming up for the rescue of the troubled bank. State Bank of India (SBI) had also announced to invest over Rs. 7,250 crores for restructuring Yes Bank.
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Yes Bank Crisis: RBI-imposed moratorium to be lifted on March 18
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