Moratorium on YES Bank could impact most corporates briefly: India-Ratings

Corporate groups with a large dependency on the bank could face a longer period of disruption.

The moratorium on Yes Bank could have a transitory impact on most corporates exposed to the bank, and delays in resuming normal services may impact the near-term liquidity of some of its customers, rating agency Ind-Ra said.

"India Ratings and Research (Ind-Ra) has carried out a first-cut assessment of the impact of the recently imposed moratorium on Yes Bank's...withdrawals till April 3, 2020. The disruption could be transitory for most corporates exposed to the bank, given the administrator's statement of resuming the full operational status by next week," the rating agency said.

However, delays in resuming normal services could impact the near-term