Yes Bank rescue happened in nick of time before pandemic struck, happy with progress: CEO Prashant Kumar

Speaking for the first time about the journey since the RBI and the government moved in to bailout the lender seeing an exodus of deposits with a Rs 10,000-crore rescue act led by SBI, Kumar acknowledged that the thread was very slender and the timing was very apt.

from Banking/Finance-Industry-Economic Times https://ift.tt/3vwVZGz