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.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more