Prediction of Bankruptcy of a Bank through Z- Score Model – A Case Study of Yes Bank
DOI:
https://doi.org/10.34047/jamar.v2i1.22Keywords:
Investors, Performance, Bankruptcy, Credit rating, Z-score, Business failure, Promoters, Banking, Long term debt programme, financial inclusivenessAbstract
From about fifty years the Z score formula has been constantly used for prediction of Bankruptcy. The main reason of prediction is to evaluate the terms of credit and ensure safely to investors and lenders. Altman's Z score has been used as a tool to evaluate the
credibility of the firms. This paper tries to evaluate the performance of Yes Bank by calculating the Z-score from 2014 till 2019 and thereby find out if bankruptcy could be predicted. It is found from the study that the Z- score formula alone fails to predict the
bankruptcy in this case. The Yes Bank incorporated in the year 2003 was one of the leading private sector banks. Due to various internal reasons and unscientific lending practices the bank had to face major crisis
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Published
2020-01-15
How to Cite
S. Shetty, D. P., & Shetty, M. R. (2020). Prediction of Bankruptcy of a Bank through Z- Score Model – A Case Study of Yes Bank. Journal of Applied Management and Advanced Research, 2(1), 45–55. https://doi.org/10.34047/jamar.v2i1.22
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