2 Years back I was supporting  IDFC FIRST Bank   Vaidyanathan V  in their micro-entrepreneurs journey as part of their FAME Challenge where they wanted the bank to gain traction in the rural-lending segment (unsecured lending space). Today the whole industry is reeling under significant stress for obvious underwriting issues. In the same regard, I was having deep-conversation with industry veteran and  SVADHAN  CEO  Krishna Chandran V Today's auspicious day of Diwali and Laks

Yes Bank MD and CEO, Prashant Kumar has listed couple of factors across both the asset and liability side. Lets dissect those and let me call out the red-flags which continue to make the bank and management unattractive to investors like me :- "Retail stress is attributed to aggressive unsecured lending." Two important fundas to focus here -  first is aggressive and second is unsecured.  The unsecured lending space has been very attractive for all the market participants sinc