India's Yes Bank reopens after move to halt depositor panic

Worries remain over private lender's financial health following rescue

20200319N Yes Bank

People wait outside a Yes Bank branch to withdraw their money in Mumbai on March 6. © Reuters

KIRAN SHARMA, Nikkei staff writer

NEW DELHI -- India's troubled Yes Bank has resumed operations after a coordinated intervention meant to prevent a run on the private-sector lender.

Many customers still complained of difficulties in accessing their accounts Thursday, though there were no reports of panic surrounding the bank's rescue by public-private consortium.

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