Shares of YES Bank hit a fresh six-year low of Rs 48.50, down 5 per cent on the BSE in the intra-day deals on Friday after YES Capital, one of the promoter entities of the private lender, sold nearly 2 per cent stake in the bank.
“YES Capital (India) Private Ltd (“YCPL”), part of the promoter group of YES Bank, has today sold 1.8 per cent shareholding in the Bank,” YES Bank said in a press release on Thursday after market hours.
In a regulatory filing on Wednesday, YES Bank said “the bank has received strong interest from
“YES Capital (India) Private Ltd (“YCPL”), part of the promoter group of YES Bank, has today sold 1.8 per cent shareholding in the Bank,” YES Bank said in a press release on Thursday after market hours.
In a regulatory filing on Wednesday, YES Bank said “the bank has received strong interest from