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.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
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.
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.
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.