Dear Sir/Madam,
As per RBI direction, Yes bank and its sub-member banks are blocked due to moratorium. Member banks are advised to take note on the below.
1.If any of the outward cheques presented by your bank to YES bank and its sub-member banks in presentment session (March 05,2020) then same should not be credited to customers account.
2.If any of the inward cheques received by YES bank and its sub-member banks then same should not be debited in your bank CBS and if debited then same should be credited back to customer account.
3. Please refer latest net settlement position which was sent by NPCI and take correction action at your end.
4.Latest UIF item wise details are available in CHI (System IN folder)
Please pass on these information to your indirect and sub-member banks accordingly.
Regards
NPCI TEAM
As per RBI direction, Yes bank and its sub-member banks are blocked due to moratorium. Member banks are advised to take note on the below.
1.If any of the outward cheques presented by your bank to YES bank and its sub-member banks in presentment session (March 05,2020) then same should not be credited to customers account.
2.If any of the inward cheques received by YES bank and its sub-member banks then same should not be debited in your bank CBS and if debited then same should be credited back to customer account.
3. Please refer latest net settlement position which was sent by NPCI and take correction action at your end.
4.Latest UIF item wise details are available in CHI (System IN folder)
Please pass on these information to your indirect and sub-member banks accordingly.
Regards
NPCI TEAM
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