INSUBCONTINENT EXCLUSIVE:
The broking firm also slashed the FY20 and FY21 profit estimate for the lender by 4-5 per cent.
At 10 am, the scrip was trading 0.10 per
cent lower at Rs 51.15 on BSE.
The target has been cut for the stock at a time when most credit rating agencies have cut their ratings on
the corporate bonds for the bank, citing weak financials
The outlook will continue as 'Negative', it added.
At the recently concluded Times Network's India Economic Conclave, YES Bank MD and CEO
We have been able to down sell our assets and generate capital from that
We have shown that we are very good test players as well
We take the singles and keep things going
I do not see the end of the road
of throwing caution to the winds and growing indiscriminately
stock said that one needs to see whether there is a run on bank deposits
It noted that the deposit base was declining for the bank for the past couple of quarters and said that it mindful that a former RBI Deputy
DHFL could freeze up liquidity, a collapse of a bank could be a far more serious issue as banking is heavily based on trust and any freezing
of the clearing system due to a collapse of a bank could choke the system and further jeopardise economic growth which is already in the