Has Yes Bank turned the corner?
Not quite yet. But as the new management steers it out of the woods, shareholders may have reason to smile again.
October 27, 2021•17 min
0
October 27, 2021•17 min
0

More in Business
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
You may also like
Economy
What does the RBI’s new rule mean for corporate acquisitions?
Indian banks have been allowed to fund M&As, but the framework will matter as much as the opportunity.
Business
Yes Bank’s retail woes seem to have no end
The bank’s retail business continues to rack up losses. Worse, the current leadership is in a limbo and doing nothing about it.
Business
RBI’s rate cuts fail to arrest India’s economic decline
Despite the go-go narrative, it is clear that the country’s economic growth is in a funk. What’s more, history shows that further interest rate cuts to fuel stalled growth will be as futile as flogging a dead horse.