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When the Federal Reserve decided not to provide a rescue for Lehman in 2008, it created utter chaos and confusion resulting in credit markets basically freezing with banks unwilling to lend to each other let alone to others. India has seen many Bank Failures including the failure of a Scheduled Bank, Global Trust Bank way back in 2004. Recently we...
Yes Bank has been in all kinds of bad news in recent times and that has shown up in its stock price % with the stock falling 60% from its peak in a matter of months. From being one of the most expensive Private Sector Banks it’s now one of the cheapest around – and all this without a sniff...
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