Search results
Mar 5, 2020 · The financial position of Yes Bank has undergone a steady decline over the last few years because of its inability to raise capital to address potential loan losses and resultant downgrades,...
1 hour ago · September 30, 2024 / 08:12 IST. Prashant Kumar, MD and CEO, YES BANK. Yes Bank’s Managing Director Prashant Kumar is confident of a 10 basis-point boost in return on assets (RoA) for FY25, led ...
- What Is An Incumbent?
- Understanding Incumbents
- Examples of Incumbents
- Special Considerations
- The Bottom Line
The term "incumbent" refers to an individual who currently holds a set of responsibilities within a specific office as part of a corporation or within a branch of the government. As the incumbent, this person has an obligation to the position or office they hold. All incumbents of an organization such as directors and officers are listed on an incu...
The word "incumbent" has several different meanings depending on the context in which it's used. It most commonly refers to a person with a position in a specific office whether they are part of a company or an elected official. This person has certain responsibilities that come with their position. Business leaders such as chief executive officers...
In Business
An incumbent in business most commonly refers to a leader in the industry. While it may normally refer to a person, that isn't always the case. It can also be used to describe a company or a product as well. A company may, for instance, possess the largest market share or may have additional sway within the industry. As such, incumbents in an industry may change in response to changes in the market. For example, Blackberryproducer Research in Motion was once considered an incumbent of the sma...
In Politics
When referring to a position in politics, the incumbent is the individual who currently holds the office or position. While the term applies to the person holding the position at all times, it is more commonly used during elections as a way to differentiate two candidates in cases where the current position holder is running for a second term. The person running against the incumbent is often referred to as the challenger. Holding the incumbent position may be seen as advantageous depending o...
Certain offices in the U.S. government have term limits when an incumbent must be up for re-election. Some of these have life term limits, meaning that once the full term limit has been met, an individual cannot run for that office again. In the U.S., the president has a term limit of four years where they can be re-elected to serve another four ye...
An incumbent is an individual that holds a specific position with known responsibilities. Most commonly, an incumbent refers to a person holding a current office in politics; however, it also applies to certain positions in a corporation, relationships in business, as well as a company that is the market leader of an industry.
In this business relationship, the supplier that is currently in use is the incumbent because of the position they hold. When a new supplier wants to take over the current supplier’s duties, the new supplier is considered to be the challenger to the old supplier’s incumbency.
Jan 4, 2021 · We have made a provision of 75% but we are able to recover between 50% to 60% of bad loans, wherever we are going for resolution, Prashant Kumar, Managing Director & Chief Executive Officer, YES Bank. Nine months after the moratorium imposed, can you say the YES Bank turnaround story is now complete?
Mar 6, 2020 · Yes bank crisis: In a drastic turn of events,India's central bank took control of the country's fifth-largest private sector lender Yes Bank on Thursday and imposed limits on withdrawals.
People also ask
Why is Yes Bank a deteriorating financial position?
Does Yes Bank lend indiscriminately?
Who is the incumbent in a business relationship?
Are incumbents required to maintain the position they currently hold?
Oct 3, 2022 · They not only become non-earning assets and reduce the interest income for the bank, thus impacting return on assets and profitability, but they also reduce the confidence which stakeholders...
