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Yes Bank says RBI finds no divergence in provisioning, asset classification for FY18

Updated : February 14, 2019 07:00 AM IST

Yes Bank in a filing to exchanges said that it has received the Risk Assessment Report from RBI for the last financial year and it observed no divergence in its asset classification and provisioning from the central bank's nor
RBI assesses compliance by banks with extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes.
Yes Bank says RBI finds no divergence in provisioning, asset classification for FY18

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