LVB crisis: Same story, different characters
The 30-day moratorium on Lakshmi Vilas Bank is similar to YES Bank, protecting depositors and employees, but retail shareholders would be worst hit if amalgamation with DBS Bank India goes through.
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November 2020
March 2020
YES Bank reports record ₹18,564-crore loss in Q3
The beleaguered private bank’s new investors have to deal with the already declining deposit base and mounting non-performing assets.
