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YES Bank re-enters top-100 most valued firms list; stock up 30% in 3 days

At 12:52 pm; with market-cap of Rs 57,380 crore, YES Bank stood at 92nd position in overall market-cap ranking, the BSE data shows

YES Bank
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With no disclosure on the true extent of losses, it may be difficult to convince depositors to continue to hold their funds in YES Bank

SI Reporter Mumbai
YES Bank re-entered the elite club of top-100 most valued listed companies in terms of market capitalisation (market-cap) as the stock of private sector lender zoomed 30 per cent in the past three days after the Reserve Bank of India's (RBI) gave nod to raise capital from funds affiliated to global private equity investors Carlyle and Advent International.

Shares of YES Bank rallied 9 per cent to hit over two-year high of Rs 23 apiece in Tuesday’s intra-day trade. Moreover, the stock traded at its highest level since July 2020.

At 12:52 pm; with market-cap of Rs 57,380