India’s struggling Yes Bank, one of the country’s largest private lenders, which was taken over by the Reserve Bank this month, to prevent the lender’s collapse, reported a $2.5bn quarterly loss and rise in bad loans as authorities prepared for the final stages of a rescue plan to prevent septicity through a financial system already…
The government is about to launch its scheme to help small businesses access crucial loans this week after widespread criticism that it had not acted fast enough to aid companies who are struggling to survive being hit hard by the impact of coronavirus. Small companies are rapidly running out of cash as society shuts down…
