Govt should keep 51% ownership for solidity in PSBs: YES Bank\'s Sunil Mehta

Govt should keep 51% ownership for solidity in PSBs: YES Bank's Sunil Mehta

YES Bank Chairman Sunil Mehta spoke to Abhijit Lele and Pavan Lall about resetting the bank's strategy and corporate governance in banking, and what banks were to do to recover money.

Topics
YES Bank | Indian banking sector | private sector

Abhijit Lele & Pavan Lall  |  Mumbai 

With the Reserve Bank of India (RBI) taking a second look at enhancing corporate governance in banks, it is time to revisit the proposal to form a holding company for government stakes in public sector banks.

On the sidelines of a digital conference in India, co-hosted by the Confederation of Indian Industry (CII) and international think tank Horasis, YES Bank Chairman Sunil Mehta spoke to Abhijit Lele and Pavan Lall about resetting the bank’s strategy and corporate governance in banking, and what banks were to do to recover money. Edited excerpts: Given that the pandemic has ...
First Published: Mon, June 22 2020. 22:26 IST