Indian Bank In Trouble..........Bank Run

[betterinvestmentthanshare]

Yes Bank..................................Is now NO Bank

 

[betterinvestmentthanshare]

https://www.businesstoday.in/sector...itors-queue-up-outside-atms/story/397661.html

 

[betterinvestmentthanshare]

 

[Oddjob]

As this bank has only been around since 2003, I wouldn't be getting too excited. It appears to be a small regional player.

If one the larger, more established Indian banks, fell over, then a different matter I feel.

 

[betterinvestmentthanshare]

Why would you assume I'm excited?

 

[Oddjob]

You started a thread on it.....

 

[sgbuyer]

The bigger banks are government owned? These can't go bankrupt.

 

[Silver Soul]

I've been pulling money out of my bank slowly for month's ...why can't they

 

[betterinvestmentthanshare]

India has a Cash Ban to a certain extent

 

[Silver Soul]

What cash ban? I have my gold and silver

 

[betterinvestmentthanshare]

Gold was also banned

 

[Silver Soul]

Black market works for them ... they are masters at it ... Lol

 

[bubblebobble2]

Gold was also banned

Curry powder prices to DA MOON!!!!

 

[sammysilver]

Curry powder prices to DA MOON!!!!

Trouble is you need a roll of toilet paper in the fridge for curry. It raises the buy price per meal!