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YES Bank asserts strong show ahead of official Q2 to stem share price fall

YES Bank says fully geared for Rana Kapoor's succession

YES Bank net profit up 32%; board okays 5:1 stock split
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Nikhat Hetavkar Mumbai
Private lender Yes Bank said it is all geared up for the succession of the bank’s MD & CEO Rana Kapoor, whose term was cut short to January 31 by the central bank. In an attempt to counter the bank’s dipping share prices, it also revealed key performance figures for the September quarter.

The bank’s stock, which had been falling for the past two days owing to uncertainty surrounding its succession plan, has seen an uptick following this announcement. The stock closed at Rs 201.80 on BSE, up by nearly 10 per cent from the previous close.

“We will decide