YES Bank to transform into a retail bank
Prashant Kumar, the new man in charge of YES Bank, has chalked out the strategy for the beleaguered bank, which includes selling down part of its vast portfolio of corporate loans, and focusing on retail banking — the mainstay of its highly profitable rivals. Read more
Markets see worst rout in 5 years
The crash in oil prices on Monday sent shockwaves through global equity markets, which were already reeling from pressure because of the spread of coronavirus. Read more
Crude down 30% as Saudi, Russia fail to reach