Looking for good names as equity partners: YES Bank MD & CEO Prashant Kumar

'Whenever interest rates go up, there is an upside for the bank in the short run', said Kumar

Prashant Kumar, MD & CEO of YES Bank, says after steadying the ship in the last two years, the bank will focus on growing the business from this financial year. In an interaction with Manojit Saha, Kumar says the bank is planning to raise $1 billion equity capital in the current financial year. Edited excerpts:

After you took charge of YES Bank in March 2020, the focus was on steadying the bank. There has been improvement on several parameters, like CASA ratio, margins, credit cost and asset quality. A new board will also be formed after replacing some of the