From peak to plunge: How the Yes Bank crisis unfolded

The word about Yes Bank in finance circles was that it was a lender which never said no to risky borrowers who had built a highly leveraged position. Veteran banker Rana Kapoor used his networking ability to lend and recover loans, distinguishing the bank from others which depended more on process rather than relationships.

from Times of India https://ift.tt/2IqCGIt