What awaits cash-starved YES Bank?
An endless hunt for investors
How much money does it need?
be around $2.5-3 billion over the next 12-18 months even after factoring in operating profits for the next 6 quarters. YES Bank’s net-worth is around Rs 250 billion and below investment grade book (BB and below) is ~Rs300 billion and BBB book is around ~Rs 500 billion.
Is it headed for nationalisation?
What else to watch?