View: Yes Bank is a zombie. India must learn before more bailouts

Yes Bank was privately owned, before it was quasi-nationalized by making it SBI’s problem. But next year, there will be several small state-owned banks in a similar situation where capital buffers are depleted. This can’t happen yet because of RBI's Covid moratorium on repayments. When the freeze ends next month, loans will start turning overdue.

from Banking/Finance-Industry-Economic Times https://ift.tt/39IluuL