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YES BANK CRISIS

YES BANK 
CRISIS
Explained why yes bank fail?
Image result for YES BANK
YES BANK LAGACY
  • 1.       Yes bank is 4th largest company.
  • 2.       More than 20 company has the only one bank for transaction.
  • 3.       Like PHONE PAY, FLIP KART, SWIGGY, RED BUS,
  • 4.       35 % is UPI transaction through yes bank
  • 5.       Pnb 11000 crore when yes bank has 200000 crores
  • 6       Pnb bank has 800 employee and yes bank has 18000 employees

Still yes bank sink down than it can be mass collateral damage.


STORY
2004 rana Kapoor and ashok Kapoor establish the bank.
Ashok Kapoor died and then rana Kapoor and ashok Kapoor ‘s wife got legal crisis and finally rana Kapoor got win the battle.

Reason for growth and then down
  • 1.       Give stressed company loan- yes  bank aggressively give loans to the stressed company and this value is converted in NPA
  • 2.       NPA is growing very quickly

And yes bank makes hide the NPA value from RBI when RBI closed look into the value it seem that there is 3000 crore difference is there.


Sept 2018 RBI give notice to rana a kapoor to resign
March 2019 – Raghunit gill new CEO but this time the situation is out of control
NPA ratio of YES BANK has been reached to 8%
NOV 2019 sell all the share 142 cr. Rana Kapoor
NOW
5th march restricted that 50000 can withdraw
And SBI say that they will takeover the yes bank then SBI share also go down.



WHO TOOK THE LOAN?
CCD
DHFL
Cocks and kings
Anil ambani ‘s Reliance etc.

NPA CRISIS.is
Non-Performing Asset - it’s  the value that company take loans and not giving back.

What iif your Money is in YES BANK.?
If you r money is in yes bank than 80% sure that you money will be back  reason is that the government will not allow to make fail the YES bank because if it will fail than no buddy will get trust any bank and no buddy will be deposit money in bank and economy of India will go down so Government will save the YES BANK.

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