On BSE, Yes Bank stock fell as much as 12.74% to hit ₹117.50, a level last seen on 17 October 2014. UBS expects 255/200 basis points credit cost in fiscal 2020-21, higher than the Yes Bank management's guidance of 125 bps. With a market cap of ₹27476.23 crore, Yes Bank now ranks eleventh and has been replaced in the top 10 by Bank of India with a market cap of ₹27740.85 crore. Next comes Kotak Mahindra Bank at ₹2.84 trillion, and ICICI Bank Ltd with ₹2.69 trillion in market cap is number four followed by Axis Bank at ₹2.14 trillion, Indusind Bank at ₹87540.37 crore, Bandhan Bank at ₹64808.74 crore, Bank ofBaroda with a market cap of ₹40419.84 crore, and Punjab National Bank has a market cap of ₹34092.97 crore. A total of 20 brokerages have sell ratings on the Yes Bank stock as of today compared with seven at start of the year.

Source: Mint June 13, 2019 06:33 UTC