DW Business July 13, 2024
Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solutions of the problem a bank lead investor of led resolution of the problem is already refundable we have said that in Office Statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps they need to take. Because of the uncertain future shares of yes bank plunged more than 70...