Yes Bank receives Risk Assessment Report for FY 2018 with NIL divergences
(14 Feb 2019)
The Reserve Bank of India (RBI) assesses compliance by Banks with
extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes. As a part of this process, Yes Bank has received the Risk Assessment Report for FY 2018. The report observes NIL divergences in the Bank's asset classification and provisioning from the RBI norms.