Yes Bank Seeks New Promoter, Sets Eyes On $8-9 Billion Valuation: Report - News Summed Up

Yes Bank Seeks New Promoter, Sets Eyes On $8-9 Billion Valuation: Report


As of 12:15 pm IST, the shares of Yes Bank were trading at Rs 22.50, reflecting a rise of 7.40 percent. These institutions had intervened in 2020 to rescue Yes Bank from a financial crisis, and now, the bank is poised for a fresh chapter under new ownership. The change in ownership has had a positive impact on Yes Bank's financial performance. Yes Bank is working to fix any problems and make sure things are stable. Overall, finding a new owner could be a big step for Yes Bank.


Source: Mint March 14, 2024 07:39 UTC



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