YES Bank slips over 2% as RBI begins inspecting bank's exposure to NBFCs

Shares of YES Bank slipped as much as 2.1 per cent to Rs 184 in the intra-day trade on NSE after a news report suggested that the RBI on Monday began examining the private bank's exposure to NBFCs

Shares of YES Bank slipped as much as 2.1 per cent to Rs 184 in the intra-day trade on the National Stock Exchange (NSE) after a news report suggested that the Reserve Bank of India (RBI) on Monday began examining the private bank's exposure to various Non-Banking Finance Companies (NBFCs).
 
"The central bank's supervision team is going through all the statements since the date of sanction of loans to these accounts. The team is also inspecting the internal and statutory auditor observations and terms of disclosures, among other documents. This inspection is a follow-up to a letter that the