DMPQ-Account for the recent YES bank crisis and also mention the steps taken to prevent Yes Bank Crisis.

by

Reasons for YES Bank crisis:

  1. Rising exposure to NPA
  2. The loan repayment capacity of the borrower is limited or very low.( IL&F S etc.)
  3. Governance issue – Yes bank was not functioning properly.
  4. Abysmal performance with lack of corporate governance
  5. Bank failed to implement Prompt corrective action
  6. Supervision and regulatory failure

Steps taken:

  • Moratorium on withdrawal limits (50,000/-)
  • Board has been suspended
  • SBI the biggest bank Purchased 49% stock.
  • Other investors also roped in.
TNPSC  Notes brings Prelims and Mains programs for TNPSC  Prelims and TNPSC  Mains Exam preparation. Various Programs initiated by TNPSC  Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––