 "YES Bank CEO & MD Prashant Kumar")
For the first time since the beginning of a tussle with Dish TV over board appointments, YES Bank MD & CEO Prashant Kumar broke silence on the issue and said the steps initiated by the bank were aimed at protecting the value of the securities.
“Dish TV shares are available to us as securities for our loan to some other entities. We are not a lender to Dish TV,” Kumar told Business Standard in an interaction.
The private sector lender has a 25.63 per cent stake in Dish TV.
“As a lender this is our fiduciary responsibility to ensure the value of our
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