Business Standard

YES Bank stock slips for third straight day, hits over 5-year low

The latest worry for YES Bank stems from a disclosure regarding irregularities and unauthorised transactions at CG Power and Industrial Solution, a company in which YES Bank holds stake

YES Bank sees several exits from board ahead of annual general meeting
Premium

SI Reporter Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in