Yes Bank to focus on MSMEs and retail
July 30, 2020
On the retail facet, we have already reached 70% of the regular collections, that is the pre-moratorium series, says Prashant Kumar, Managing Director & Chief Executive Officer.
People don’t understand this part and a few are giving solutions that others need to hear and that might not be accurate. Unless financial activities revive, we are able to expect humans to return and pay the whole installment with interest.
Maybe, somebody might pay a small component but there are issues. All round, there’s a lot of monetary hobby and these are superb trends but bank must be incorrect to expect that everything has again to ordinary. Bank has made our strategy very clear in the intervening time. Bank would really like to grow at the retail and MSME aspect.