Is Yes Bank out of the woods?

The bad loans can grow as much as by 15 per cent from the current level because of the pandemic, but there seems to be no skeleton left in its cupboard

For any banker worth his salt, being at the helm of Yes Bank Ltd in March 2020 would have been a hair-raising exercise. Not for Prashant Kumar. For two reasons: One, he was psyched for the assignment; and, two, he is bald!

On a serious note, rehabilitating Yes Bank is the most challenging job in Indian banking space at the moment. There has been another recent instance of a bank being to hell and back, steered by its new CEO, but the size of that bank is much smaller.

Saving a bank is a more strenuous job than setting up a new