Yes Bank has claimed that its financial position is ‘sound and stable’ with robust liquidity.
The assertion from the bank, which reported its maiden quarterly loss of Rs 1,506 crore in the March 2019 quarter, came days after continued concerns about the bank's asset quality, which came up last after a realty player defaulted and leading to continued battering of its stocks which have lost more than three-fourths of its value in 2019.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
