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Yes Bank staying away from lending to COVID-19-hit sectors this fiscal: CEO
short by Krishna Raj / on Monday, 26 July, 2021
Yes Bank will stay away from lending to sectors most impacted by COVID-19 in the current financial year, CEO and MD Prashant Kumar said. "There are two or three sectors...we wouldn't like to go into, like hospitality, tours and travels and real estate," he said. The bank added 1.5 lakh new CASA customers during the second COVID-19 wave, Kumar added.
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