Yes Bank shares fall 8 percent as RBI threatens regulatory action
Updated : February 18, 2019 11:18 AM IST
Yes Bank share fell as much as 8 percent after the Reserve Bank of India (RBI) threatened further regulatory action against the bank over its public disclosure of nil divergence report
The nil divergence is not an achievement to be published and is only compliance with the extent income recognition and asset classification norms, RBI said in a letter.
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