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YESBANK Share Price Discussion
Yes Bank Ltd.
NSE: YESBANK | BSE: 532648 | ISIN: INE528G01027 | Sector: Banks
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Reputation: 4,641 • Jul 2 6:11 AM
Banking Act amendment is credit positive for depositors, says Moody's
Yes Bank was the latest to be put under moratorium on March 5 after it failed to raise capital in time. Depositors could not withdraw more than Rs 50,000 from their accounts. Also, electronic transactions to and from Yes Bank accounts were frozen, causing some borrowers to miss their monthly payments. Moody's said the new amendments will help depositor confidence.
Yes Bank was the latest to be put under moratorium on March 5 after it failed to raise capital in time. Depositors could not withdraw more than Rs 50,000 from their accounts. Also, electronic transactions to and from Yes Bank accounts were frozen, causing some borrowers to miss their monthly payments. Moody's said the new amendments will help depositor confidence.
The Economic Times
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NSE:YESBANK price when posted: 26.7
Recent posts in YESBANK
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Reputation: 4,641 • Today 2:43 AM
Moody’s upgrades Yes Bank’s rating following equity capital raising
The upgrade is on the basis of Yes Bank's successful equity capital raise of Rs 15,000 crore which has bolstered its solvency.
The upgrade is on the basis of Yes Bank's successful equity capital raise of Rs 15,000 crore which has bolstered its solvency.
Moneycontrol
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