Study of Regulatory Role and Investors' Protection During the Banking Sector Crisis of 2020 in the Indian Economy: Case of Yes Bank

Study of Regulatory Role and Investors' Protection During the Banking Sector Crisis of 2020 in the Indian Economy: Case of Yes Bank

Copyright: © 2023 |Pages: 16
ISBN13: 9781668484883|ISBN10: 1668484889|ISBN13 Softcover: 9781668484890|EISBN13: 9781668484906
DOI: 10.4018/978-1-6684-8488-3.ch019
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MLA

Singh, Partap. "Study of Regulatory Role and Investors' Protection During the Banking Sector Crisis of 2020 in the Indian Economy: Case of Yes Bank." Cases on the Resurgence of Emerging Businesses, edited by Shefali Saluja, et al., IGI Global, 2023, pp. 267-282. https://doi.org/10.4018/978-1-6684-8488-3.ch019

APA

Singh, P. (2023). Study of Regulatory Role and Investors' Protection During the Banking Sector Crisis of 2020 in the Indian Economy: Case of Yes Bank. In S. Saluja, D. Kulshrestha, & S. Sharma (Eds.), Cases on the Resurgence of Emerging Businesses (pp. 267-282). IGI Global. https://doi.org/10.4018/978-1-6684-8488-3.ch019

Chicago

Singh, Partap. "Study of Regulatory Role and Investors' Protection During the Banking Sector Crisis of 2020 in the Indian Economy: Case of Yes Bank." In Cases on the Resurgence of Emerging Businesses, edited by Shefali Saluja, Dhiresh Kulshrestha, and Sandhir Sharma, 267-282. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-8488-3.ch019

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Abstract

The case provides an opportunity to evaluate the accuracy of business performance and financial position of Yes Bank, the situation of window dressing in financial statement, and the regulatory role to ensure the investors' protection of Yes Bank, as well as analyzes the role of promoters and different regulators for influencing the retail investors' interest during study period. The major findings of the case indicate that regulators, auditors, independent directors, and rating agencies did not play their effective and active role in preventing unlawful and unethical activities like window dressing regarding business performance and financial position in the financial statements of Yes Bank by promoters and financial manipulators. Retail investors lost their wealth more as compared to other investors. However, RBIs played a critical and remarkable role to avoid complete failure through restructuring of Yes Bank.

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