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Prof K Nageshwar: Why SBI bailout YES BANK (Video)

         YES బ్యాంకులో సగం వాటా SBI కొనుగోలు: ప్రైవేట్ బ్యాంకు నష్టాలు ప్రజలపైకి ||Why SBI bailout YES BANK

ust one day after it placed the financially troubled Yes Bank under a moratorium, the Reserve Bank of India announced a draft ‘Scheme of Reconstruction’ that entails the State Bank of India (SBI) investing capital to acquire a 49% stake in the restructured private lender. The alacrity with which the bailout has been proposed is commendable, given that Yes Bank’s stock tumbled 56% on the BSE on Friday, eroding shareholders’ holdings and dragging the 10-bank S&P BSE Bankex down with it, an indicator of the contagion risk that a sudden bank resolution can pose to the financial system. However, the decision to suspend normal business operations raises several worrying questions, both about the health of the banking sector, and the adequacy of the oversight role that regulators essay.

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Prof K Nageshwar: Why SBI bailout YES BANK (Video)

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Prof K Nageshwar: Why SBI bailout YES BANK (Video)
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YES బ్యాంకులో సగం వాటా SBI కొనుగోలు: ప్రైవేట్ బ్యాంకు నష్టాలు ప్రజలపైకి ||Why SBI bailout YES BANK ust one day after it placed the financially troubled Yes Bank under a moratorium, the Reserve Bank of India announced a draft ‘Scheme of Reconstruction’ that entails the State Bank of India (SBI) investing capital to acquire a 49% stake in the restructured private lender. The alacrity with which the bailout has been proposed is commendable, given that Yes Bank’s stock tumbled 56% on the BSE on Friday, eroding shareholders’ holdings and dragging the 10-bank S&P BSE Bankex down with it, an indicator of the contagion risk that a sudden bank resolution can pose to the financial system. However, the decision to suspend normal business operations raises several worrying questions, both about the health of the banking sector, and the adequacy of the oversight role that regulators essay.

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