Yes Bank Share,
There was a hike in the shares of the Yes Bank on Wednesday. Both BSE and NSE saw tremendous trading in its shares. The shares closed with a good gain.
Price up 13% on BSE
On Wednesday, Yes Bank shares closed up 12.83% on the BSE, while its share price stood at Rs 14.69 at the close of trading. On Tuesday, the bank's stock closed at Rs 13.02.
Jump on NSE
The share price of Yes Bank was also seen with a good jump on the National Stock Exchange. Shares of Yes Bank closed at Rs 15.20, up 16.92%.
Price rose up to 23% in 5 days
For the last several days, this boom is being seen in the stock of Yes Bank. Its share price has risen 23.08% on NSE in the last 5 days.
Once the share was Rs 400
Yes Bank's stock was once a shining star, which has touched a high of nearly Rs 400 in August 2018. But the stock fell after financial irregularities surfaced.
Yes Bank bad days
The Government of India and the Reserve Bank of India saved Yes Bank from closure after financial irregularities surfaced. On 5 March 2020, RBI took over the control of the bank.
SBI took over Yes Bank
The government and RBI had given the responsibility of saving Yes Bank to SBI. SBI had given the bank, in which SBI bought 49% stake in Yes Bank and saved it from drowning.