In July 2022, YES Bank forged a partnership with JCF ARC LLC and JC Flowers ARC Private Limited with the aim of selling a portfolio of stressed loans. The collaboration marked a significant step for the bank in addressing its identified stressed loan assets, Industry News, Times Now
Why YES Bank share fell over 3% today
YES Bank stock lost 3.14% to Rs 15.40 against previous close of Rs 15.90. Market cap of the lender fell to Rs 39,210 crore on BSE
BusinessToday.In | March 15, 2021 | Updated 14:54 IST
YES Bank share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
YES Bank share fell over 3% today amid a report that the Reserve Bank of India rejected the lender s plea to set up an asset reconstruction company for bad loans. YES Bank stock lost 3.14% to Rs 15.40 against previous close of Rs 15.90 on BSE. YES Bank share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.