YES Bank share price: The stock slipped 4.64 per cent to settle at Rs 27.10. At today's closing price, it has dropped 6.55 per cent in two trading days.
YES Bank bulk deal: Morgan Stanley Asia (Singapore) PTE was seen buying 306,305,668 shares at Rs 27.10 a piece worth Rs 830 crore, as per BSE bulk deals.
YES Bank is focusing on growing the SME and mid-market segment as it is high-quality segment with significantly low NPAs across business cycles and good sources of fee income and low-cost liabilities.
YES Bank shares scaled a fresh 52-week peak of Rs 32.85 and the price action was supported by strong volume action with over 54.12 crore shares being traded on the NSE around 10 am.