Can Prashant Kumar steer Yes Bank through its retail hurdle?
Once considered a panacea for the bank’s troubles, the retail banking segment seems to have become a threat to the private lender’s profitability.
January 07, 2025•11 min
0
January 07, 2025•11 min
0
More in Business
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
You may also like
Business
Yes Bank’s retail woes seem to have no end
The bank’s retail business continues to rack up losses. Worse, the current leadership is in a limbo and doing nothing about it.
Business
Prashant Kumar takes spring-cleaning route to profitability
The Yes Bank CEO ushers in a spate of changes in the retail banking business to stem its loss-making streak.
Business
Prashant Kumar-led Yes Bank wants to get back its risk appetite
The bank, following its March 2020 bailout, may have gone overboard in its quest for safety. That may soon change as it looks to acquire a microfinance business with the promise of high returns.