Comments
YES Bank scrip on Monday gained as much as 30 per cent on early morning trade even as markets remained volatile on concerns over coronavirus.
In what seems to be a thumbs-up from the investor community to the bank’s reconstruction plan and cleaning up of its balancesheet, Yes Bank scrip was up 32.68 per cent at ₹33.90 apiece on BSE on Monday.
Related Stories
YES Bank continues to breach RBI’s critical liquidity and statutory requirements
The moratorium on the private sector lender will cease at 6 pm on Wednesday.
Related Stories
Financial stress, RBI actions may hit depositor confidence, says YES Bank
Beleaguered private lender’s deposits plunged by ₹71,991 crore in five months up to MarchYES Bank had on March 14 reported a standalone net loss of a whopping ₹18,560.31 crore in the third quarter of the fiscal. The bank had a net profit of ₹1,001.85 crore in the same period last fiscal.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.