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.
12 September, 2024•11 min
0
12 September, 2024•11 min
0
More in Business
Business
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Business
The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.