What is Wrong with Yes Bank? [ A to Z Detail ]
"There was talk about shameful money coming from Swiss bank Instead of this; white money from the Yes Bank disappears." – Jokes apart, let's talk on why the uppermost buck private bank of INDIA faces a big bankruptcy.
In the year of 2003-04, YES Banking company was given a banking license. Rana Kapoor, founder of YES Bank started the bank to provide the best quality banking experience to their customers, who had to go with the narrow banking options 'tween government trust and old-generation private banks.
Within the following 10 years, Yes deposit has emerged arsenic unmatchable of the top five clubby banks in INDIA and the banking company's growth was very quick. Rana Kapoor held a 26 per centum stake in The YES bank. As the depository financial institution started growing its business organisatio, the share price of Yes bank was touching the flip and moves from 50 to 1888 with a short period. After August 2018, within a one and a half yr the share falls from 1888 to 6 ₹ (As of 6, March 2020).
Yes Bank Journey From Top To Bottom
Why Yes Bank Fail? – What is wrong with Yes Trust?
By, Trading Fuel
Source: https://www.tradingfuel.com/what-is-wrong-with-yes-bank/
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