Yes Bank was once seen as one of the fastest-growing private sector banks in India. However, its aggressive lending practices and growing exposure to risky borrowers led to a build-up of bad loans. Concerns about the bank’s financial reporting began to surface, which...
During Thursday’s trading session, shares of a full-service commercial bank headquartered in Mumbai surged nearly 3.5 percent on BSE. The factors contributing to this positive movement in the share price are explained in detail below. With a market capitalisation of...
Banking stock under Rs.25 soared 9 percent after Sumitomo Mitsui Banking Corporation announced a Rs.14,000 crore deal to acquire a 20 percent stake. The move triggered strong investor interest, reflecting optimism around the bank’s future prospects and marking a...
Yes Bank: Imagine a nation without a secure and efficient banking system. Businesses wouldn’t be able to access capital for growth, individuals would struggle to manage their finances and the overall economy would grind to halt. Banks are the lifeblood of any economy....
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