Yes Bank under-reported bad loans by ₹3,280 crore in 2018-19, RBI finds

The Reserve Bank of India (RBI) has found that Yes Bank under-reported bad loans in 2018-19 by nearly ₹3,280 crore. The RBI assessed the bank's non-performing assets at ₹11,159 crore, more than the ₹7,882 crore Yes Bank had disclosed for the year. The regulator had previously found that Yes Bank under-reported its bad loans in FY16 and FY17.