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| Yes Bank Q2,Q3,Q4 loan growth can get back if FY 20 |
- Yes Bank loan growth can get back if Investment…
- Yes bank has given a little but recovery result Q on Q…
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| Yes Bank balance sheet Q1 |
Yes bank: High provision, news rumors, 1200 million credit default, yet yesbank resulted in this quarter (Q1 fy 20) 113.86crore which is plus, while the last Q4 -1506.64 crore was minus, in this scenario yes bank has given little but recovery result.
Yesbank CEO Gill has said, the capital adequacy threshold He added that the bank's sub-investment grade book has bottomed out and he expects "material reduction" in the book on the ongoing resolutions.
“that he has been assured that the "house is in order" and slippages are under capital for September-end to refocus on growth,,.
There is a possibility of a bid soon to be taken into the private lender Yes Bank's equity investor. Sources said that the bank received a term sheet offer from US-based private equity investor on weekends. This offer is to buy a $ 850million stake in the bank. There are three and PE players in the union, two US-based and two domestic.
One of the US-based PE investors is leading consortium, and will take the largest share of the three. Sources said that the bank is likely to make announcement after the June quarter earnings of the bank on July 17.
YesBank has not yet responded to the questions sent by ETNOW to confirm the report.
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