Moody’s flags Yes Bank asset quality issues2 min read . Updated: 18 Jul 2016, 08:12 PM IST
Moody's highlighted that high incidence of corporate loans in Yes Bank's books could further worsen its asset quality
New Delhi: A high incidence of corporate loans in Yes Bank Ltd’s books could further worsen its asset quality and the private lender could face operating challenges as it expands retail presence, Moody’s Investors Service said on Monday. Moody’s outlined a rapidly-expanding franchise with dominance of corporate loans, a higher dependence on corporate deposits relative to peers and a growing retail deposit base as credit challenges to Yes Bank.
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