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The Economic Times
The Economic Times
Business
Anand Singha

SBI helped save YES Bank, Japan came aboard, and now an ₹8,415-crore ghost is crashing its comeback

Some ghosts don't haunt houses. They haunt balance sheets.

In March 2020, YES Bank was on the brink of financial collapse. Depositors were restricted from accessing their money, regulators intervened to stop a collapse, and India's largest banks were called upon to save the bank.

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