Re - Birth Of Yes Bank

 

Re - birth of Yes Bank 

It has been more than one year to 'Crisis of Yes Bank' . The Incident of Yes Bank's 'Bad Loan' was eye - opening for india's whole banking system . When the incident was happened at that time 'Yes Bank' was India's
One of largest private sector bank . Yes Bank's story doesn't end here ! Bank have too much potential . How? We will explain further...

The story :

In 1st week of March 2020 i.e. on 5th March RBI (Reserve Bank Of India) imposed a 30 day moratorium on Yes Bank due to , Bank's steady declining financial position . RBI also dismissed board of directors & told SBI (state Bank Of India) to pick 49% stake at price of Rs. 10 per share with Face value of Rs. 2 .

Reasons Behind decline of 'Yes Bank' :

Yes bank was given it's most of loan to Companies whose condition was already trapped in defaulting loans . These large corporate borrower's drowned ship of Yes Bank into large sea of NPA's . Bank distributed around 81,000 crores loan to Anil Ambani , Essel Group , DHFL , Videocon & others . This are India's biggest corporate de - faulters . They didn't pay for borrowings that's why borrowings turned into NPA (Non - Performing Assets ) & this was biggest reason behind decline of Yes Bank .

What next ?

Now RBI reconstructed Yes Bank . Yes bank is again set to sky - Rocketing . From loan of 81,000 crs distributed to various defaulters , recovered roughly more than 55,000 crs . 
Numbers again impressing to investors .

Yes bank was 1st to revolutionised Indian Banking system , they Introduce API banking services in India for startups . Previous love of yes bank towards startups is again boosting a hope . currently Ola , Cars 24 , Jio , Oyo , swiggy & Dream 11 uses API of Yes Bank .

Leader in various segments :

#1 remitter bank
      Immediate Payment
      Service (IMPS)

40% transaction volume
         Market share
         Aadhaar Enabled Payment
         System (AePS)

#1 in UPI P2M
       transactions^
       with ~31% market share

Bank's Net NPA & Gross NPA increased Y - O - Y . But , we think management of Yes Bank will treat this issue very carefully & again bring this numbers from stress level to normal .

Yes Bank is also thinking beyond their major arm 'corporate banking' .  currently , Bank more focusing on MSME . India have lot of room to expand MSME sector . This MSME's will become multi - National companies in future & inversely affect +vely on bank's overall book .

'Cash back offers , partnering with startups & companies ' this programs are massively running by Yes Bank . 'Yes Rewardz' also fascinating customers .

Recently , Yes bank launched their series on wellness credit cards . Credit Card customers also getting cash - back & offers on Flipcart , Tata Cliq & Amazon . Also , partnering with Mobisafar (Fin tech start-up)
& other Fin tech startups strengthening bank in 'Retail banking' sector .

With more than 40+ partnerships with indian & International companies dominating bank to compete with peers . Partnership with Salesforce for Accelerating retail growth , Partnership with PNB housing for Co - lending & Partnership with Tata Motors for Digital Financing shows strong presence in retail banking .

Currently situation of Yes bank is bit critical. Yes bank still have 28% stressed assets to deal with & these are due to COVID NPA's . But , trust me it will be normal till 2022 . Old days will come back & Yes Bank will again drive nifty - Bank alone . New sun risen over the Horizon , Intelligent investors should awake for investment in new Era of Yes Bank .

©/Theuniquetalks_insta