Indian private lender Yes Bank plans to increase lending to small and mid-sized companies to boost its return on assets (RoA). The bank's CEO, Prashant Kumar, stated that the first step is to achieve a 1% RoA in the next two years and 1.5% by 3-5 years. Small-and-medium-enterprise loans and mid-sized corporate loans made up nearly 30% of the bank's loan book in December, which will be increased to 35%.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.