Sunday, May 2, 2021

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

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.

from Moneycontrol Business News https://ift.tt/3tbIOJE

No comments:

Post a Comment

Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...