Search results

@wylted Current fundamentals and anticipated worsening of the same.

@birdyyyy I think it's heading towards 20-18.

@luyemi In August 2019 QIP, they raised Rs 1930 crores by selling shares at Rs 83.55 per share, a 4.95 per cent discount to the floor price of Rs 87.90 set by the bank. I don't think any QIP is going to help Yes Bank with current price levels and no wise institutional investor will put his...

@femilon Frequent RBI interruption is not a risk. They are corrective actions/measures/steps.

@diznug I have already added this sheet in the post which gives some idea of current lendings of Yes Bank. I really doubt if Yes Bank can come back from this. If they do, well and good. Can't say whether the stock price will move from here, but it's definitely not going up. I daresay, it might...

@cowabunga Source Best thing to do is move your money when you sense there is substantial problem going on with your bank (currently Yes Bank, RBL, Laksmi Vilas). And going ahead in future, try not to have money only in one bank account. Spread it across multiple bank accounts and definitely...

@resjudicata I think you should. Can't say anything about the bank's future but it's better to be safe.

Mid 2017: RBI forced Yes Bank to disclose that nonperforming loans were $630 million more than the $113 million reported in the company’s audited accounts for the year ended in March 2016. The divergence widened to almost $1 billion a year later. June 12, 2018 : Yes Bank's shareholders approve...