The insolvency condition of Yes bank has provoked the whole country. The central government has been acting as the saviour and RBI as the resolution applicant by introducing the
Insolvency Resolution Plan. There is anticipation of moratorium ending soon ie. maybe before the designated time given as SBI acquires 49% stake.
If the Resolution process of YES bank is prolonged, there may be a risk that the banking sector gets the hit. However, this may raise the investor’s perception of credit risk in the banking system, which can tighten funding and the cash flow in market and affect the overall GDP.
For more information on the above or to discuss matter, feel free to contact at info@ascgroup.in.
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