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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Not quite yet. But as the new management steers it out of the woods, shareholders may have reason to smile again.
It was 14 March 2020, a Saturday, just nine days after the Reserve Bank of India had moved to save what was then India’s fourth largest private bank—Yes Bank—from collapse. The previous day, a rescue plan for the bank had been given the go-ahead. The bank was now slated to announce the much-delayed third quarter results for 2019-20. The results were anticipated before noon.
Inside the head office of Yes Bank at One Indiabulls Centre in Lower Parel, Mumbai, Prashant Kumar, the then administrator of the bank, was taking stock of the situation. He wanted to provide for all the …
The loan aggregator keeps sending updates on WhatsApp even to users who haven’t applied for a loan. The company is exploiting a grey area in India’s telecom regulatory framework and WhatsApp’s policies.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
The beleaguered lender outperformed larger rivals—and itself—on several metrics in FY26, but one-offs and a still weak retail engine keep its investors on edge.
