Sunday, May 2, 2021

Yes Bank rescue happened in nick of time before pandemic struck, happy with progress: CEO Prashant Kumar

Speaking for the first time about the journey since the RBI and the government moved in to bailout the lender seeing an exodus of deposits with a Rs 10,000-crore rescue act led by SBI, Kumar acknowledged that the thread was very slender and the timing was very apt.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-rescue-happened-in-nick-of-time-before-pandemic-struck-happy-with-progress-ceo-prashant-kumar/articleshow/82356189.cms

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