Is yes bank share worth buying?
Analysts say Yes Bank FPO is aptly priced at the price band of Rs 12-13 as the scope of recovery in the bank’s asset quality and earnings in the near term looks difficult because of the Covid outbreak.
Investors who intend to hold the shares for over three years should subscribe to the issue..
What is the future of Yes Bank share price?
Market Depth (21 Sep 2020)BUYSELLQTYPRICEPRICE3309813.5513.56279413.5413.57349313.5313.583 more rows
What is future of Yes Bank?
Its future depends on its ability to generate customer confidence to grow its business. In the June-quarter, loan book shrank 4 percent. There people like Ashvin Parekh, an independent banking sector expert, who believes the bank has a strong future. “Yes Bank has a good management in place.
Which is best shares to buy?
List of best stocks SLCompanyIncome1Balmer Lawrie Invsts.86.62ADF Foods281.03Tata Elxsi1,648.64Affle (India)349.06 more rows
Will Yes Bank share price go up?
Yes Bank share price is rising and rising! It rose to the tune of 3 per cent in the early morning trade today inviting bulls for the fresh buying. … According to the stock market experts, this rise in Yes Bank stock is because of the private lenders Rs 35,000 crore repayment to the Reserve Bank of India (RBI).
Can we sell Yes Bank shares now?
If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. … From Monday 16th March 2020, whatever new shares you buy, you will be able to freely sell them. This 75% restriction is only on shares you held on the evening Friday, 13th March 2020 and not on new shares that you buy from now.
Is yes bank safe now?
Your money with Yes Bank is absolutely safe, Shaktikanta Das tells depositors. Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of Yes Bank Ltd that their money is safe and there is no reason to withdraw cash in panic.
Will Yes Bank shut down?
The bank cannot be shut down nor can it be merged. It has to be run with global and domestic support,” said the investor mentioned above. … Yes Bank will be managed and run as an independent and private sector bank by a professional board with no interference by SBI in its day-to-day affairs, Kumar said.
Is money safe in Yes Bank 2020?
On Thursday, the central government, acting on an application from the Reserve Bank of India (RBI), had placed YES Bank under a moratorium till April 3, 2020. … If the RBI’s handling of banking crises in the past is any indication, your money is safe. But there could be a few hurdles before getting all your funds back.
Can Yes bank collapse?
From bad loans to financial adventurism to Modi government’s mishandling of the economy along with the negligence on the part of the RBI are the reasons that led to the collapse of the Yes bank – the fourth largest private bank of India.