YES Bank shares were trading lower for the third straight day, down 5 per cent at Rs 67.55 on the BSE on Wednesday amid uncertainty over the future trajectory of the bank's asset quality. The private lender's stock was quoting at its lowest level since March 6, 2014.
In the last three trading sessions, the stock has shed 15 per cent with the latest worry stemming from a disclosure regarding irregularities and unauthorised transactions at CG Power and Industrial Solution, a listed company in which YES Bank holds 12.8 per cent stake. CLICK HERE TO READ FULL
In the last three trading sessions, the stock has shed 15 per cent with the latest worry stemming from a disclosure regarding irregularities and unauthorised transactions at CG Power and Industrial Solution, a listed company in which YES Bank holds 12.8 per cent stake. CLICK HERE TO READ FULL