Has Yes Bank Failed?
For Beginners, Yes Bank's Beginning, Failure and Rescue Is Quite an Eventful Story. There Are Analysts Who Believe That Its Financial Failure Could Have Been...
For beginners, Yes Bank's beginning, failure and rescue is quite an eventful story. There are analysts who believe that its financial failure could have been averted if it had a well-functioning management and board in the Rana Kapoor era.
Is Yes Bank back to normal?
The reconstruction of the bank has been completed and we are back into the business with full bang. We are very comfortable on the capital side with the 20% capital adequacy and on liquidity also we are seeing very good traction from both retail as well as corporate deposits.
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What has happened with Yes Bank?
Mumbai: Yes Bank's rescue act in early March 2020 happened in the nick of time ahead of the COVID-19 pandemic, and even a 15-day delay in it would have meant great difficulty for a lender about to close down, its new managing director and chief executive Prashant Kumar said.
David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.
