Yes Bank collapse: the actual cost of it
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Since 2018, Yes bank is the 4th financial institution to be collapsed, after IL&FC, Dewan Housing and PMC Bank. According to the experts, the govt should create a banking environment that is led by shareholders. Now, many deposit holders will retreat to the safety of public sector banks. In the fin sector both public and private sector entities are present and India somehow has become unconcerned about corporate collapses.