yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default that s why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. solutions of the problem a bank. of the problem is a profitable we have said that in opera statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps. need to take. because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around $1000000000.00 euros of market value in a single day it s the biggest fall ever of an indian blue chip stock. yes or no bank let s go to both kind of rally krishnan who joins us from delhi for the new side scroll rohan could you tell us whether or not depositors should be panicking right now. broadly speaking that both of our fine yesterday had so there s a bank of india which is
to network and make deals. this is the business. of the volatile session on the markets asian shares tumbled again on friday morning after wall street more heavy losses of nearly a 1000 points this massive swings driven by concerns about the fast spreading coronavirus markets like clarity but analysts say there is very little of that right now in asia the nikkei dropped almost 3 percent. shared over 2 percent blue chip bags investors disruptions to global business intensifying soaking fears of a prolonged slowdown in the global economy and indian markets tumbled after the central bank seized control of the beleaguered yes. let s go straight to our financial correspondent frank but only from wall street that put it into perspective for us how bad is this drop of nearly a 1000 points. a 1000 points sounds huge but of course the dow is also. very much advance that was coming down from record highs that were almost close to 30000 points so you have to put that in perspective the
narrator: is the china dream of security and economic prosperity for all chinese citizens or only for the well educated and fortunate enough to already be middle class? professor taz frazier: you know working class, working poor, rural chinese citizens are finding the chinese dream to be a myth. prof. stan rosen: it s being introduced at a time when you re trying to pull back everybody who is going off in their own 1.3 billion directions. narrator: tonight on mosaic, through the eyes of film makers around the globe we explore the china dream with intellectuals, overseas students in america, migrant workers in beijing, and an entrepreneur in africa. tonight on mosaic, the china dream. dean yam yeutong: national rejuvenation refers to those periods when china was very strong. in the like of the han dynasty, tang dynasty, and the early period of qing dynasty. jinping is not the first pson talking out a naonal juvenati. but xiinping talking about the possibility to achieve it wit
narrator: is the china dream of security and economic prosperity for all chinese citizens or only for the well educated and fortunate enough to already be middle class? professor taz frazier: you know working class, working poor, rural chinese citizens are finding the chinese dream to be a myth. prof. stan rosen: it s being introduced at a time when you re trying to pull back everybody who is going off in their own 1.3 billion directions. narrator: tonight on mosaic, through the eyes of film makers around the globe we explore the china dream with intellectuals, overseas students in america, migrant workers in beijing, and an entrepreneur in africa. tonight on mosaic, the china dream. dean yam yeutong: national rejuvenation refers to those periods when china was very strong. in the like of the han dynasty, tang dynasty, and the early period of qing dynasty. jinping is not the first person talking about a national rejuvenation. but xi jinping talking about the possibility to ac
narrator: is the china dream of security and economic prosperity for all chinese citizens or only for the well educated and fortunate enough to already be middle class? professor taz frazier: you know working class, working poor, rural chinese citizens are finding the chinese dream to be a myth. prof. stan rosen: it s being introduced at a time when you re trying to pull back everybody who is going off in their own 1.3 billion directions. narrator: tonight on mosaic, through the eyes of film makers around the globe we explore the china dream with intellectuals, overseas students in america, migrant workers in beijing, and an entrepreneur in africa. tonight on mosaic, the china dream. dean yam yeutong: national rejuvenation refers to those periods when china was very strong. in the like of the han dynasty, tang dynasty, and the early period of qing dynasty. jinping is not the first person talking about a national rejuvenation. but xi jinping talking about the possibility to ac