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Mark to Market " Banking Sector at Mess"





Market transactions by staff routine activity say RBL Bank as stock tanks 12%

 The total employee holding in the bank stood at around 3.46 crore shares as on 23 August, with over 25% of employees holding shares

 The bank's management had indicated possible corporate slippages to the tune of ₹1,000 crore in the coming quarters, during its Q1 results commentary

 A ‘priority sector’ problem brewing for YES Bank?

 The lender is said to have an exposure of about Rs 500 crore on account of loans to CCD.
Most banks with exposure to the group said a significant portion of the debt was paid after Siddhartha sold his stake in IT services firm Mindtree for Rs 3,200 crore. But it’s not known how many banks individually loaned the company. Sources in the know said the loans were backed by the plantations and real estate.

Comments

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