Business News
Home > Business News
Yes Bank closely monitoring stress on credit portfolio due to legacy issues
TIWN
TIWN

PHOTO : TIWN
Mumbai, Aug 18 (TIWN) Yes Bank Chairman Sunil Mehta has said that the bank is closely monitoring the stress on its credit portfolio due to legacy issues along with the current macro-economic conditions and the Covid-19 situation.
The Chairman's message to the shareholders in the bank's annual report said that the board continues to work closely with the management to identify and deal with impending issues "vigorously and appropriately".
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research