YES Bank India Crisis Lesson to whole Banning Industry

Mar Tue 2020 09:16:42

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YES Bank India Crisis Lesson to whole Banning Industry

Yes Bank India is in Crisis now

Yes Bank crisis: From what happens to my money to will SBI be saviour, all that has happened

Within a span of two days, Yes Bank has gone from staring at a collapse to being revived with the help of the State Bank of India. For now, the bank remains under an RBI moratorium and most customers cannot withdraw more than Rs 50,000. Here's a full recap of all that has happened at Yes Bank


Yes Bank’s books show that warning bells had been ringing for more than a year. The bank went on a loan spree even as bad loans mounted. Meanwhile, depositors withdrew large amounts, resulting in the bank’s profitability nose-diving in the last two fiscals.

Will the plan save Yes Bank from collapsing? We will find out in the coming days. For now, in case you've missed the drama of the last twenty-four hours, here's a full recap of all that's happened at Yes Bank