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YES Bank cracks nearly 6% ahead of board meeting outcome

The stock price has declined over 40 per cent since September 18, 2018. In comparison, the S&P BSE Sensex has dipped nearly 4 per cent during the same period.

SI Reporter  |  New Delhi 

Markets, Stocks, BSE, NSE
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Shares of fell as much as 5.6 per cent to Rs 181.55 on the in intra-day trade on Wednesday as the investors awaited the of the bank's in regards to the appointment of the new managing director (MD) and chief executive officer (CEO).

At 2:22 pm, the of the private sector lender was trading at Rs 187.50 down Rs 4.80 or 2.5 per cent. Over 5.4 crores of shares were traded on the and National Exchange (NSE) so far.

The has taken a heavy beating since September 18, 2018, when the (RBI) trimmed & Rana Kapoor's tenure till January 31, 2019.

The stock price has declined over 40 per cent since September 18, 2018. In comparison, the Sensex has dipped nearly 4 per cent during the same period.

First Published: Wed, January 09 2019. 14:39 IST
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