YES Bank’s board of directors on Tuesday approved borrowing/raising funds by issue of debt securities, the company said in its filing to the exchanges. The lender plans to raise funds in Indian/foreign currency through the issue of debt securities. The options could be non-convertible debentures (NCDs), bonds or Medium Term Note (MTN) among others, the … Read more
Yes Bank shares fell nearly 11% in the intraday trade to the day’s low of Rs 28.05 on the NSE on Monday amid profit booking, having witnessed a near 40% rally in the past four trading sessions. The stock has been on a strong uptrend after the Reserve Bank of India’s (RBI) nod to HDFC … Read more
YES Bank shares jumped 32% in the week to witness a breakout with strong volumes, indicating a significant base formation on the technical chart. “The support for the stock is established at Rs 27, and any pullbacks towards this support level present an opportunity to initiate fresh long positions. Sustaining above the support at Rs … Read more
Shares of Yes Bank jumped over 11% and hit the day’s high of Rs 25.40 on the NSE after the lender informed exchanges about the nod by the Reserve Bank of India (RBI) to HDFC Bank for acquiring up to 9.50% of the paid-up share capital or voting rights of the Bank. The RBI, while … Read more
