Yes Bank Crisis- A Critical Analysis on Causes, Effects & Recommendations

Tushar Ranjan Barik*

*Research Scholar, Department of Management,

Nims Institute of Management & Commerce, Nims University, Jaipur, Rajasthan, India

Corresponding Author: tushar.barik87@gmail.com,

 

DOI: 10.52984/ijomrc2307

ABSTRACTS:

This paper looks at the failure of Yes Bank Ltd as the Crisis case in Indian history and the events that followed by the regulator. The first part of the paper reviews factors that led to the failure, consequently the bankruptcy events, and also the role of RBI in the survival of the Bank. The Banking Sector Regulator (RBI) has taken over the Management of a new generation private bank, Yes Bank due to the failure of Yes Bank. Interestingly, the bank was set up by top-notch professionals and it was running its operation as the 5th largest private lending bank in India. Suddenly, the RBI found such type of discrepancies in the operations of Yes Bank, through which the bank was going to be declared insolvent, and got a new life from the RBI. Such a bank was facing very critical governance issues and practices in the last 2-3 years which have led to a steady decline in the bank’s performance.

KEYWORDS: Crisis,  Loan, Asset, quality, NPA