Edition:
United Kingdom

Yes Bank Says Taken Prudent Proactive Provisioning On Entire Exposure To Stressed Infrastructure Conglomerate


Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Yes Bank Ltd ::SAYS BANK IS YET TO RECEIVE THE FY18 ANNUAL RISK BASED SUPERVISION REPORT FROM THE RBI.TAKEN PRUDENT PROACTIVE PROVISIONING ON ENTIRE EXPOSURE TO STRESSED INFRASTRUCTURE CONGLOMERATE, IN LINE WITH EXPECTED RECOVERY RATES..EXPOSURE TO A STRESSED INFRASTRUCTURE CONGLOMERATE, AGGREGATE FUNDED EXPOSURE OF 25.30 BILLION RUPEES.