 "Mutual funds, MFs, equity investment, foreign portfolio investors, FPIs, JUNE QUARTER, bse200, bse200 FIRMS, , MARKET CAPITALIZATION, FPIs investment, LIC, life insurance corporation,")
Two YES Bank promoter entities, Morgan Credits (MCPL) and Yes Capital (YCPL), recorded losses of Rs 609.6 million in 2017-18.
Both companies recorded a jump in leverage and a fall in interest coverage ratio, showed an analysis of company filings from the corporate affairs ministry.
MCPL and YCPL have been in the news with reports saying they had raised capital from mutual funds on the strength of their shareholding in the bank.
MCPL recorded a standalone loss of Rs 260.5 million in FY18. This is higher than the previous year's loss of Rs 142.7 million. Higher finance
Both companies recorded a jump in leverage and a fall in interest coverage ratio, showed an analysis of company filings from the corporate affairs ministry.
MCPL and YCPL have been in the news with reports saying they had raised capital from mutual funds on the strength of their shareholding in the bank.
MCPL recorded a standalone loss of Rs 260.5 million in FY18. This is higher than the previous year's loss of Rs 142.7 million. Higher finance
