SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.

Blog

cats-181

Did not conceal corporate NPAs or manipulate stock prices, Yes Bank

Yes Bank is facing a litany of complaints such as under-reporting of bad loans, concealing non-performing assets (NPAs), and inflating share prices ahead of fund-raising activities. NSE had asked for its clarification following a written complaint.

Now, India’s fourth largest private sector bank has gone ahead and refuted all these allegations. It also denied allegations of parallel dealings with “Three Sisters Family Office,” which manages personal investments of incumbent CEO and MD Rana Kapoor.

In a filing with NSE, the bank stated that it has regularly made disclosures related to these aspects.

The company’s stock is currently trading at Rs187.95, down by Rs15.25 or 7.5% from its previous closing of Rs203.20 on the BSE.
The scrip opened at Rs204 and has touched a high and low of Rs207.85 and Rs184.45 respectively. So far 4,15,81,842 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs46,924.53cr.
Financial Advisory which means a lot to a Financial trader and we can do a best with your investments with all mandatory work skills subscribe us now and get two days Free Trial >> Bonaz Capital