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Yes Bank receives Risk Assessment Report for FY 2018 with NIL divergences

Capital Market 

The Reserve Bank of India (RBI) assesses compliance by Banks with extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes.

As a part of this process, Yes Bank has received the Risk Assessment Report for FY 2018. The report observes NIL divergences in the Bank's asset classification and provisioning from the RBI norms.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 14 2019. 09:26 IST
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