Business News
Home > Business News
Yes Bank closely monitoring stress on credit portfolio due to legacy issues
TIWN
TIWN
PHOTO : TIWN
Mumbai, Aug 18 (TIWN) Yes Bank Chairman Sunil Mehta has said that the bank is closely monitoring the stress on its credit portfolio due to legacy issues along with the current macro-economic conditions and the Covid-19 situation.
The Chairman's message to the shareholders in the bank's annual report said that the board continues to work closely with the management to identify and deal with impending issues "vigorously and appropriately".
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals