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YES Bank's tussle with RBI and the stormy aftermath: A timeline

The tiff with the Reserve Bank of India (RBI) has caused several top executives to exit Yes Bank's board, and prompted rating cuts

Reuters 

Yes Bank Ltd, India's fifth largest private-sector lender by assets, has had a rough ride since the country's central bank trimmed its chief executive officer's (CEO) term in September. The tiff with the Reserve Bank of India (RBI) has caused several top executives to exit Yes Bank's board, and prompted rating cuts. The move by the RBI, which has already clamped down on the financial sector due to rising levels of bad loans, has also hit Yes Bank's share price hard. The developments since Sept. 19 have knocked off about 345 billion rupees ($4.95 billion) ...

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First Published: Mon, December 03 2018. 10:04 IST
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