Investors ignore Yes Bank’s blast from the past on hope of capital infusion
This is the third fiscal year that Yes Bank has had a large divergence with the regulator in tagging loans as bad
In the first two quarters of FY20, the bank has provided a cumulative ₹3,120 crore against bad loans
Mumbai: Yes Bank Ltd investors should be used to bad news and false hopes by now. The promise of more capital is yet to be fulfilled and skeletons from the past are still tumbling out of the cupboard.
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