FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors
Find answers to all your questions on live YESBANK message board: Is YESBANK buy or sell? Should I buy YESBANK shares? Why are YESBANK shares falling? Should I invest in YESBANK stock?

forum

YESBANK Share Price Discussion

Yes Bank Ltd.
NSE: YESBANK | BSE: 532648 | ISIN: INE528G01027 | Sector: Banks

Yes Bank discloses bad loan divergence for FY19. Yes Bank Ltd. today informed the exchanges that the Reserve Bank of India found under-reporting of bad loans at the bank in 2018-19. The regulator had previously detected a divergence in the assessment of bad loans in FY16 and FY17 but none in FY18.
In FY19, according to the private lender’s exchange notification, the RBI assessed the level of gross non performing assets at Rs 11,159 crore. The bank had disclosed gross NPAs of Rs 7,882 crore, implying a divergence of Rs 3,277 crore or 41 percent.
The divergence in reporting of net NPAs for the year stood at Rs 2,299 crore or 51 percent of the net NPA amount reported by the bank, the notification said.
As per the RBI’s rules, banks are required to disclose any divergence of more than 15 percent. The market regulator recently specified that this divergence should be disclosed to investors within a day of the receipt of RBI’s report.
1
Reply (3)
3 Replies
Mahesh @697460
Nov 19, 2019 4:31 AM

Is it bad news or good news for trading

Yesbk is a casino stock for the time being
Chiru @chiru-Hy7ir4vj4
Nov 19, 2019 5:24 AM

I can't get tell me sir it's positive or negative news....
Recent posts in YESBANK

Type
Sell
Instrument
YESBANK
Entry Price
₹16.1
Price@Trade
₹16.1
Target Price
₹15.8
Stop Price
₹16.3
Valid Till
Aug 13, 2020 3:20 AM
Margin
₹1,610 approx for 100 Qty
Status
Stoploss Hit
Exit Price
₹16.3
Net P&L
-₹20 (-1.24%)
Like
Reply (1)
A
Reputation: -21,258 • Just now

Type
Buy
Instrument
YESBANK
Entry Price
₹16  ₹16.25
Price@Trade
₹16.25
Target Price
₹22
Stop Price
₹10
Valid Till
Aug 13, 2020 3:20 AM
Margin
₹487,500 approx for 30000 Qty
Status
Active
Like
Reply (2)

Type
Buy
Instrument
YESBANK
Entry Price
₹17
Price@Trade
₹16.4
Target Price
₹1,000
Stop Price
₹15
Valid Till
Aug 14, 2020 3:20 AM
Margin
₹1,700 approx for 100 Qty
Status
Exited before entry
Like
Reply (1)

Type
Buy
Instrument
YESBANK
Entry Price
₹50
Price@Trade
₹16.3
Target Price
₹100  ₹1,000
Stop Price
₹30
Valid Till
Aug 13, 2020 3:20 AM
Margin
₹5,000 approx for 100 Qty
Status
Exited before entry
Like
Reply (2)
N
Reputation: 4,905 • Yesterday 11:36 AM
Market Movers: InterGlobe, SpiceJet fly high, Nifty PSU Bank gains 3%
Here is a lowdown on what happened in Wednesdays session.
The Economic Times
Like
Reply
S
Reputation: -158 • Yesterday 5:43 AM

Type
Buy
Instrument
YESBANK
Entry Price
₹16.25
Price@Trade
₹16.25
Target Price
₹30
Stop Price
₹14.5
Valid Till
Sep 11, 2020 3:20 AM
Margin
₹48,750 approx for 3000 Qty
Status
Active
Like
Reply