Financials
April 26, 2018 / 10:43 AM / 7 months ago

BRIEF-India's Yes Bank Sees Credit Costs For 2018/19 Between 50-70 Bps

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April 26 (Reuters) - Yes Bank Ltd CEO Rana Kapoor :

* SEES CREDIT COSTS FOR 2018/19 BETWEEN 50 BPS TO 70 BPS

* SAYS EXPECTS FULL LOAN RECOVERY FROM FORTIS HEALTHCARE WITH THE BIDS COMING IN

* SAYS HAVE EXPSOURE OF 4.4 BILLION RUPEES TO RELIANCE NAVAL, ADEQUATELY BACKED BY COLLATERALS

* SAYS STRATEGY OF BANK IS TO GROW SECURED RETAIL LOANS Further company coverage: (Reporting By Devidutta Tripathy)

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