YES Bank denies window dressing of corporate accounts to hide NPAs

The RBI recently curtailed the tenure of Yes Bank's founder and CEO Rana Kapoor till January 2019

Press Trust of India  |  Mumbai 

said it has not indulged in any window dressing of its corporate accounts to conceal non-performing assets (NPAs).

The had reported a gross and net NPA of 1.3 per cent and 0.59 per cent respectively as on June 30, 2018. The said the NPA figures are "among the finest in the Indian industry".

"The bank has not entered into any transactions with the intent to do any window dressing of corporate accounts to conceal NPA status," said in response to a query by if the bank had indulged in window dressing to hide bad

The RBI recently curtailed the tenure of Yes Bank's founder and till January 2019.

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First Published: Thu, September 27 2018. 18:10 IST