Brief: India's Yes Bank Sees Credit Costs For 2018/19 Between 50-70 Bps

Swan Defence and Heavy Industries

26/04/2018 11:41

April 26 (Reuters) - Yes Bank Ltd  YESB.NS  CEO Rana Kapoor
:
    * SEES CREDIT COSTS FOR 2018/19 BETWEEN 50 BPS TO 70 BPS
    * SAYS EXPECTS FULL LOAN RECOVERY FROM FORTIS HEALTHCARE
WITH THE
BIDS COMING IN
    * SAYS HAVE EXPSOURE OF 4.4 BILLION RUPEES TO RELIANCE
NAVAL,
ADEQUATELY BACKED BY COLLATERALS
    * SAYS STRATEGY OF BANK IS TO GROW SECURED RETAIL LOANS

Further company coverage:  YESB.NS 

 (Reporting By Devidutta Tripathy)
 ((swati.bhat@thomsonreuters.com;))