RBI Uncovers Rs 4,000 Crore In Unreported Bad Loans At Yes Bank, Shares Fall

Mumbai: Mid-sized private sector lender Yes Bank has disclosed the RBI has found a divergence of over Rs 4,000 crore in the non performing assets reported by it and the same assessed by the Reserve Bank for 2015-16. As against the Rs 748.98 crore of gross NPAs reported by the city-headquartered bank as on March 31, 2016, the RBI assessment showed the same to be at Rs 4,925.68 crore, leading to a divergence of Rs 4,176.70 crore. The ...