Yes Bank was on the verge of collapse in early 2020, owing to alleged fraud, financial irregularities, and non-performing assets (NPAs). A clutch of banks came to its rescue at the direction of ...
Lakshmi Vilas Bank (LVB) is the fifth Indian financial firm to collapse over a span of 30 months after IL&FS, DHFL, Yes Bank, and PMC Bank. The Reserve Bank of India (RBI) has placed the bank ...
Yes Bank posted a twofold rise in net profit to ₹612 crore for the December quarter, driven by a sharp decline in provisions. Sequentially, net profit rose 11%, showcasing steady growth for the ...
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Yes Bank Q3 net income soars 2.6x to ₹612 croreYes Bank's net income of ₹612 crore is 2.6 times ... after failing to meet priority sector lending norms following its collapse in March 2020. On a sequential basis, the net income rose 11% ...
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‘Chasing yield’ was an inside joke at SVB—until it led to the bank’s collapse“Yes. Shouldn’t have chased yields ... more than a year and a half after the bank’s collapse? The simple answer is they believe that their bank’s business model—which has drawn criticism ...
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