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RBI warns Yes Bank for regulatory action over disclosing ‘nil (NPA) divergence report’

By
Dhrumit Thakkar
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507
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(G.N.S) Dt. 16 Mumbai Yes Bank had twice suppressed the extent of bad loans in its books in previous years. The RBI has now warned Yes Bank of regulatory action for disclosing the ‘nil (NPA) divergence report’, which was a violation of the confidentiality clause, the private bank told the

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