Goldman Sachs has reportedly slashed its earnings estimates for banks across its coverage by 5 per cent for FY25 and 2 per cent for FY26, saying the Goldilocks period is over for the financial sector.
YES Bank said it was seeing a significant traction in deposit mobilisation compared to peers. YES Bank is probably one of the few banks to report an increase in incremental market share in mobilisation of CASA deposits.
YES Bank share price: The stock slipped 3.98 per cent to settle at Rs 25.54 in last trade. It has fallen 11.96 per cent in four trading days. The scrip has fallen 22.15 per cent from its one-year high price of Rs 32.81, a level seen earlier on February 9 this year.
Stock market today: Yes Bank shares witness strong buying interest at opening bell despite weak sentiments in the Indian stock market. Experts advise buy on dips strategy with crucial support at ₹25 per share level