In Yes Bank crisis, you can’t miss the ugly realities of India’s private sector lenders

Jayadev, Arjun and Tripathi, Shikha (2020) In Yes Bank crisis, you can’t miss the ugly realities of India’s private sector lenders. The Print.

Text
Download (1MB)

Abstract

The recent moratorium imposed on India’s fourth-largest private lender Yes Bank by the Reserve Bank of India has brought the travails of the private sector banks in India into sharp relief. Yes Bank is no ordinary bank. With a bulky Rs 2.4 trillion loan book and Rs 2.27 trillion of deposit base (up to March 2019), it is, what is sometimes called, a systemically important entity. As an RBI-regulated deposit-taking institution with a sizeable number of depositors and shareholders, Yes Bank has a special public profile. Till recently, it was part of both Sensex and Nifty.

Item Type:

Newspaper Article

Authors:

Jayadev, Arjun and Tripathi, Shikha

Document Language: