YES Bank hits 6-yr low despite being 'on course' to raise growth capital

Shares of YES Bank dipped 5 per cent on the BSE to hit a six-year low of Rs 50.85 on Thursday despite the private sector lender assuring investors that it was on course to raise growth capital. 

The stock has declined 9 per cent in the past two trading days and was trading at its lowest level since September 5, 2013, when it hit a low of Rs 49.50 in the intra-day deal. 

At 09:56 am, YES Bank was the biggest loser among the S&P BSE Sensex stocks, down 3 per cent, as against a 0.87 per cent rise in