Had YES Bank learned to say ‘NO’, the bank would not have had this condition right now! Master Stroke Full 06.03.2020
Updated: 06 Mar 2020 11:27 PM (IST)
People not solely deposit cash in the bank but in addition deposit their belief. But if the bank begins messing with that belief, then in the coming time its impact might be on the whole banking system. The deteriorating monetary condition of the YES bank was already being felt about two years in the past and it was due to the bank’s sinking debt i.e. NPA. How this occurred and why in simply 16 years Yes Bank has come to the flooring with hailstones, see this report
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