Mumbai: Just four months back, troubled Yes Bank got a new chief to shower sunlight on its books. After all, Yes Bank is a systemically important bank and has a huge pile of deposits it needs to safeguard. In short, raising money from capital markets is going to be a challenge and Yes Bank needs capital to grow. What investors now fear is whether the rot in Yes Bank is yet to be fully revealed. Until the air on Yes Bank’s lending practices clears, the stock is unlikely to see any breakthrough.

Source: Mint May 15, 2019 06:56 UTC