Tribune reports quoting sources Kangra Central Cooperative (KCC) Bank, of Himachal Pradesh with a fixed deposit of Rs 150 crore in the scam ridden Yes Bank may soon face a serious financial crisis.
When asked about deposits in Yes Bank, the KCC Bank MD said it was kept in private bank as per the guidelines and norms of the RBI, he said.
Sources say the deposit of the KCC bank was safe as the government has directed the SBI to take over 49 per cent stake in Yes Bank.