Yes Bank stabilised in Q1 in terms of asset quality: Ravneet Gill - News Summed Up

Yes Bank stabilised in Q1 in terms of asset quality: Ravneet Gill


We set very clearly defined quantitative goals for ourselves whether it is on the revenue side, the cost side or the asset quality side, says, MD & CEO,. They may have come from outside the watch list that we have put aside or we had identified. But whatever has slipped is fully provided for.As I mentioned previously, in terms of asset quality, we have stabilised this quarter. from an asset quality perspective, is really just a handful of names and is not a very large granular portfolio suffering from some cycle. But as I see it, as asset quality begins to stabilise now, our liability strategy -- especially on the retail side -- will start to gain momentum.


Source: Economic Times July 18, 2019 07:59 UTC



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