View: The RBI needs to cut the Gordian knot that threatens financial stability in India Where the RBI errs is in assuming more regulation of NBFCs will automatically mean greater safety. This is not true, as we saw in the context of the spectacular collapse of Yes Bank and Lakshmi Vilas Bank. Regulation that is not backed by adequate and effective supervision merely adds to compliance costs without serving the objective of financial sector stability.
Yes Bank says asset quality stress touches 'peak', GNPAs may rise after SC order Yes Bank said that a total of over Rs 18,551 crore of its Rs 1.69 lakh crore of advances were in some stress as of December 31, 2020.
Yes Bank Reports Q3 Net Profit At Rs 147 Crore; COVID Ups Stressed Assets The bank, which had cash recoveries of nearly Rs 1,500 crore during the reporting quarter, is aiming to recover another Rs 2,000 crore in the fourth quarter, Kumar said.
YES Bank Q3 results: Lender swings to profit, but stress bottled by SC standstill The bank disbursed Rs 12000 crore in the quarter ended Decemeber almost double the Rs 6800 crore disbursed in the preceding quarter as its loan book is slowly building up from the stress seen a year earlier.