YES Bank continues recovery, surges 6%

The stock has dropped 15 per cent to Rs 160.45 (as of Thursday's close) from Rs 187.95 on Monday. Since September 17, shares have tumbled 50 per cent from Rs 318.60 apiece.

Continuing its recovery, the stock of private sector lender YES Bank climbed as much as 5.92 per cent in the early morning deals on Friday.
 

After plunging to a fresh 32-month low of Rs 147 apiece on BSE, the stock of YES Bank staged a recovery on Thursday to settle at Rs 160.45, down 0.77 per cent. During this week, the stock has shed 15 per cent (as of Thursday's close).   

In an exclusive interaction with CNBCTV18, the bank's management clarified that the CEO Rana Kapoor doesn't have any ownership in Morgan Credits and YES Capital. 

Earlier a media