YES Bank share price: The stock fell 4.05 per cent to hit a day low of Rs 23.95 on BSE. At this price, the private lender's counter has slipped 11.66 per cent in four trading days.
YES Bank s shares surged 9% to Rs 28.50 on BSE after a 123% YoY profit increase to Rs 452 crore. Asset quality improved, NIMs steady at 2.4%. SBI approved 25.02% stake sale.
In a filing to stock exchanges, YES Bank said its loan and advances stood at Rs 2,28,465 crore at the end of March quarter, up 14.1 per cent year-on-year (YoY) over Rs 2,00,201 crore at the end of same quarter last year.
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.