ADVERTISEMENT
Yes Bank Rescue: Yes And No
The Yes Bank bailout method has diminished RBI’s capability to rescue more financial institutions, argues Praveen Chakravarty.
22 Mar 2020, 03:55 PM IST
Banking, as we know, is a very simple business that involves taking your money at a certain interest rate and lending it to another at a higher interest rate to pocket the difference. It is not as skillful as creating technology products to change the world. Neither is it as profound as doctors saving lives or teachers shaping the next generation.
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT