DMPQ-Account for the recent YES bank crisis and also mention the steps taken to prevent Yes Bank Crisis.

Reasons for YES Bank crisis:

  1. Rising exposure to NPA
  2. The loan repayment capacity of the borrower is limited or very low.( IL&F S etc.)
  3. Governance issue – Yes bank was not functioning properly.
  4. Abysmal performance with lack of corporate governance
  5. Bank failed to implement Prompt corrective action
  6. Supervision and regulatory failure

Steps taken:

  • Moratorium on withdrawal 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
limits (50,000/-)
  • Board has been suspended
  • SBI the biggest bank Purchased 49% stock.
  • Other investors also roped in.
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