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Anyone can describe all main points related to BANKS.?
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Anyone can describe all main points related to BANKS.?
Banks are the source of short term and medium term financial needs. They help in providing overdraft facility to its customers.It gives the facility of depositing the money into bank to keep it safe.Banks also provide the facility of discounting of bill receivables to its customers.
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Read the below case and answer the question that follow:On March 5, 2020, the Reserve Bank of India (RBI) imposed a 30-day moratorium on YES Bank, superseded the private-sector lender’s board, and appointed Prashant Kumar, who was serving as chief financial officer and deputy managing director at State Bank of India (SBI), as an administrator. Under the terms of the moratorium, deposit withdrawals were capped at ₹50,000 per person. The central bank proposed a reconstruction scheme under which SBI might take a maximum of 49% stake in the restructured capital of the bank. Analysts believed the new management of YES Bank, headed by former Deutsche Bank India head Ravneet Gill, who joined the bank in early 2019, could turn around the ship. Gill, however, has struggled to do so.The bank’s loan book on March 31, 2014, was ₹55,633 crore, and its deposits were ₹74,192 crore. Since then, the loan book has grown to nearly four times as much, at ₹ 2.25 trillion as on September 30, 2019. While deposit growth failed to keep pace and increased at less than three times to ₹2.10 trillion. The bank’s asset quality also worsened and it came under regulator RBI’s scanner. YES Bank has a substantial exposure to several troubled borrowers, including the Anil Ambani-led Reliance group, DHFL and IL&FS. The tipping point came when one of the bank’s independent directors, Uttam Prakash Agarwal, resigned from the board in January 2020 citing governance issues. - “What is YES Bank Crisis?” - Business StandardQ. What other role does the RBI play for Commercial Banks like YES Bank?

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Anyone can describe all main points related to BANKS.?
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Anyone can describe all main points related to BANKS.? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Anyone can describe all main points related to BANKS.? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Anyone can describe all main points related to BANKS.?.
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