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Apart from this yes bank also faced governance issues.
Business today yes bank news. 1 49 pm 1 dec 2020 business standard in the past one month yes bank has outperformed the market by gaining 26 per cent following the news of bank s inclusion in the msci india index wit. India today in spoke to at least three other retail investors who claim they were lured by yes bank managers into buying the high risk bonds. According to a business today report yes bank underreported npas to the tune of rs 3 277 crore in 2018 19.
Yes bank stock is trading higher than 5 20 50 and 100 day moving averages but lower than 200 day moving averages. Yes bank tata motors among 5 stocks that are on experts buy list the s p bse sensex is just 0 38 percent and nifty50 about 0 6 percent away from hitting fresh record highs. Zooms 26 in 1 month.
Yes bank announcements yes bank updates and more at business standard news. The report also says that the bank s management misled the rbi by indicating to the central bank that talks with investors on pumping in equity were likely to be successful. Meanwhile it has risen over 23 in just a month following the news of the bank.
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