Similar to other banks, co-operative banks accept deposits and extend loans to members as well as non-members. Difference between Co-operative and Commercial banks. In a joint stock bank, the voting right of a shareholder is determined by the number of shares he possesses. Joint stock companies are primarily concerned with the credit requirements of trade and industry. Primary credit societies are at the lowest rung.
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The reason behind Yes Bank crisis and what RBI is doing | Hindustan Times
Rana Kapoor and his top management team. Indias fourth largest private sector bank by balance sheet dated March 31, YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. Yes bank focus on 4 pillars: Financial markets,investment banking,transaction banking and corporate finance. Nationalization of Banks 14 Largest commercial banks were nationalized. Post Crisis Deregulation of Financial Sector.
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The RBI is also devising a rescue plan for the bank. The bank has also experienced serious governance issues and practices in recent years, leading to a steady decline. Yes Bank has struggled to raise capital it needs to stay above regulatory requirements as it battles high levels of bad loans.
Established in with financial support from Robobank Netherlands. Employees : 6, Locations : 60 IT Staff: It is a high quality, customer centric, service driven, private Indian Bank catering to the Future Industries of India. Money Plant characterized by growth, long term partnership, send around 3,50, money plants every year across India. Managed customer relations via excel sheets but they regretted for that because it was only one way information sharing system.