financetom
Market
financetom
/
Market
/
Investors seek details of Yes Bank’s exposure to stressed loans, says report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Investors seek details of Yes Bank’s exposure to stressed loans, says report
Jun 17, 2019 1:32 AM

Private equity investors Blackstone Group, Apax Partners and Warburg Pincus are seeking more details on Yes Bank’s exposure to stressed loan accounts before finalising any decision on an equity infusion, reported LiveMint, citing sources, who added that this could delay the lender's fundraising plans.

Share Market Live

NSE

The development comes after reports emerged that the lender is considering to raise funds through private investors.

It is expected that such a step will help the bank to absorb future losses even as it is going through a cleanup operation under the leadership of new CEO Ravneet Gill to counter bank’s high exposure to non-bank lenders and real estate companies, said the report. This, the report added, includes exposure of over Rs 2,600 crore to various special purpose vehicles of Infrastructure Leasing and Financial Services.

However this process, the report mentioned, also resulted in the lender reporting a quarterly loss of Rs 1,506 crore, raising serious concerns among prospective investors.

The development is not a good sign for the bank which had faced its share of setbacks in the recent past. Earlier in the month, the bank lost its place on the list of India’s 10 most valued lenders after brokerage firm UBS India cut its target price by over 47 percent, added the report.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump Orders Department of War to Begin Nuclear Weapons Testing
Trump Orders Department of War to Begin Nuclear Weapons Testing
Oct 30, 2025
06:17 AM EDT, 10/30/2025 (MT Newswires) -- US President Donald Trump said late Wednesday that he has instructed the Department of War to start testing nuclear weapons on an equal basis. Trump said, before a meeting with Chinese President Xi Jinping in South Korea, he took that decision because of other countries' testing programs for nuclear weapons. The United States...
FOCUS-US roasters tear through coffee stocks waiting for Brazil trade deal
FOCUS-US roasters tear through coffee stocks waiting for Brazil trade deal
Oct 30, 2025
(Updates with Starbucks' ( SBUX ) comments on coffee prices) * US roasters face higher costs due to 50% tariff on Brazilian coffee * Roasters cancel orders, explore alternatives amid rising coffee prices * Trade talks underway after Trump-Lula meeting at ASEAN Summit * US consumers face price spike of more than 40% By Marcelo Teixeira and May Angel NEW...
HF Sinclair beats third-quarter profit estimates on higher refining margins
HF Sinclair beats third-quarter profit estimates on higher refining margins
Oct 30, 2025
(Reuters) -Refiner HF Sinclair beat Wall Street estimates for third-quarter adjusted profit on Thursday, helped by improvement in refining margins and strength in its midstream segment, sending shares up 1% in premarket trading. Fuelmakers in the U.S. have benefited from a rebound in refining margins from multiyear lows in 2024, as supply shortages related to geopolitical tensions in Ukraine supported...
US STOCKS-S&P 500, Nasdaq fall as Meta's spending plans spook investors
US STOCKS-S&P 500, Nasdaq fall as Meta's spending plans spook investors
Oct 30, 2025
* Indexes: Dow up 0.56%, S&P 500 down 0.38%, Nasdaq down 0.92% * Alphabet jumps on quarterly earnings beat * Meta drops after flagging bigger capex * Microsoft ( MSFT ) reveals massive AI spending, shares down (Updates on market open) By Pranav Kashyap and Nikhil Sharma Oct 30 (Reuters) - The S&P 500 and the Nasdaq lost ground on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved