Meghalaya Assures Customers As Yes Bank Crisis Hits Two Rural Banks

The ripples of the Yes Bank crisis are being felt even in Meghalaya's rural banking sector. Two rural banks of the north-eastern state - Meghalaya Co-operative Apex Bank and Meghalaya Rural Bank - which use technical support from Yes Bank for some of their services have reported disruptions. This has created panic among depositors and customers at these rural banks.

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