Outbreak creates a problem on the loan book of India’s Yes Bank


NEW DELHI: The chief executive officer of Yes Bank Ltd, who helped the lender emerge from India’s biggest-ever bailout, is girding for fallout from the pandemic.

The coronavirus outbreak has “created a problem” on the loan book, even as progress has been made on fixing key drawbacks such as weak governance, fund-raising challenges and declining deposits, Prashant Kumar said in a phone interview Saturday.

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