How Independent Research Found a Fatal Flaw with Yes Bank

Last week, it all came crashing down for the Indian lender. If it came as a shock to many, it might have been because they weren’t paying attention – but Hemindra Hazari was, and he consistently pointed out the multitude of issues there.

Often the lone cautionary voice, he consistently warned investors and the markets over issues like bad loans and questionable governance. His Insights on Smartkarma chronicle the bank’s problems from as early as 2017. Readers can follow the timeline of events right up to the tipping point at the end of 2019, and trace its downward spiral themselves.