Private sector banks' pledged shares exposure up by a third since January

Increased pledging is often seen as a sign of liquidity issues with promoter groups

More steps in the offing for timely fraud detection in banks: RBI

Banks invoke the pledge on shortfalls, and often end up with a significant stake in the company

Private sector lender YES Bank recently saw a sharp extended decline because of its exposure to the shares of CG Power and Industrial Solutions.  It held 12.8 per cent stake

Also Read

22 Nifty500 stocks trade above 200 DMA; bullish sentiment to stay

Letter to BS: Recap will help, but public sector banks need wider reforms

YES Bank acquires 9.47% stake in Eveready by invoking pledged shares

Market Wrap, Aug 27: Sensex up 147 pts, smallcaps outperform

Market Wrap, May 27: Sensex gains 249 points, Nifty at 11,925

Explained: What is the fuss all about in RBI's fund transfer to govt?

RBI's bonanza to give govt ammunition to fight slowdown, boost capex

RBI's bonanza is an umbrella to a govt that denied existence of clouds

After nearly 8 decades, RBI to change its accounting year to April-March

Linking lending and repo rates may eat into bank's profitability

First Published: Aug 27 2019 | 7:35 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to