Private lender YES Bank completed two years this month after the State Bank of India (SBI), along with some private sector banks, rescued it after the Reserve Bank of India (RBI) put it under restrictions following weakening of financial position and inability to raise capital.
While survival and stability have been evidenced in growth and customer confidence, this is the right time to understand the road ahead and priorities for the lender.
The first year went in fire-fighting, restoring operations, and stability with support from a clutch of commercial banks led by State Bank of India (SBI), which infused equity