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Are our savings safe, asks Owaisi after Yes Bank withdrawal limit capped at Rs 50,000

AIMIM chief Asaduddin Owaisi has hit out at the Centre after RBI imposed a moratorium on Yes Bank, capping withdrawal limit to Rs 50,000 asking is our savings safe from banks. Troubled private sector lender Yes Bank was placed under a "moratorium" on late Thursday, with the RBI capping depositor withdrawals at Rs 50,000 per account for a month and superseding the board with immediate effect.

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