YES Bank: Why customers must always mild no longer be taken in by score upgrades

At recent valuations, the lender’s stock trades at a top payment to IndusInd Bank and RBL Bank, leaving minute room for error at recent multiples

Topics

YES Bank | Banking sector | Compass

Hamsini Karthik |
Recent Delhi
Final Up to this level at September 16, 2020 19: 53 IST

From being positioned below moratorium in March this 300 and sixty five days, to rapid having a brand recent management team that has proved efficient on many counts – spirited the flee on deposits, bolstering capital adequacy and chartering a brand recent development technique, the past six months had been hard but fruitful for YES Bank. It has even repaid in stout the special liquidity facility (Rs 50,000 crore) availed from the Reserve Bank of India (RBI).

Nearly 5 score businesses, including Touchy’s occupy upgraded their rankings on various facilities of the bank in just a few month’s time. The practice-on public …

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