Quick Answer: Is It Good To Invest In Yes Bank?

Can I buy Yes Bank shares more than 100?

If you hold more than 100 shares of Yes Bank, you are locked in for 3 years.

From Monday 16th March 2020, whatever new shares you buy, you will be able to freely sell them.

This 75% restriction is only on shares you held on the evening Friday, 13th March 2020 and not on new shares that you buy from now..

Can I buy Yes Bank tomorrow?

YesBank target prediction for February 2021 are 20.26, 18.02, 15.77 on the upside, and 9.14, 11.39, 13.63 on the downside. YesBank target prediction for March 2021 are 25.38, 22.6, 19.82 on the upside, and 4.02, 6.8, 9.58 on the downside.

Will Yes Bank recover?

YES Bank’s offer to ARCs will be to recover at least 15 per cent amount i.e. Rs 5,000 crore upfront. The balance 10 per cent amount i.e. Rs 3,000 crore may be potential recovery by way of deferred payments.

Is it good to buy Yes Bank shares for long term?

Yes bank is a long term buy. Though there are negatives about management succession and questions about accounting provisions, Yes bank should be able to sail thru the headwinds. Originally Answered: Can I buy shares of Yes bank now and hold for long term? Buy as much as you can for atleast 1 year.

What is the position of Yes Bank?

In just the next two trading sessions, Yes Bank shares zoomed to ₹58.65, with the lender now valued at as much as ₹73,600 crore, far higher than bigger peer IndusInd Bank Ltd, which is valued at ₹42,000 crore. While IndusInd trades at 1.3 times its adjusted book value, Yes Bank is now being valued at about 5 times.

Is Yes Bank FPO worth investing?

Most analysis and stock brokers recommended investing in Yes Bank FPO. Despite the troubles it has gone through in recent times, the retail investors could invest for short team gains as well as for the long term. … This means chances of getting allotment increase when you apply for shares worth of Rs 2 lakhs.

Who will takeover Yes Bank?

Collectively, LIC and SBI will acquire the 49% stake for Rs 490 crore, according to a report in the Economic Times. The stake acquisition has been approved by the RBI to rescue Yes Bank. The SBI board had late on Thursday also given the (SBI) bank an “in-principle” approval to invest in the capital-starved Yes Bank.

Is yes bank safe in 2020?

On Thursday, the central government, acting on an application from the Reserve Bank of India (RBI), had placed YES Bank under a moratorium till April 3, 2020. … If the RBI’s handling of banking crises in the past is any indication, your money is safe. But there could be a few hurdles before getting all your funds back.

Is there any hope for Yes Bank?

When Reserve Bank of India (RBI) imposed a moratorium on Yes Bank, restricting aggregate withdrawal to ₹50,000 until 3 April 2020, many compared it with the Punjab and Maharashtra Co-operative (PMC) Bank failure.

Is it good to invest in Yes Bank today?

YES Bank stock is trading higher than 5, 20, 50 and 100-day moving averages but lower than 200-day moving averages. … The stock of the troubled lender touched a 52-week high of Rs 87.95 and a 52-week low of Rs 5.65. The market capitalisation of the lender rose to Rs 42,919.05 crore today.

Who is owner of Yes Bank?

Rana KapoorRana Kapoor, Founder, Managing Director & CEO, YES BANK received the ‘Entrepreneurial Banker of the Decade’ award from the Bombay Management Association today. The award was presented by Mr. K.N. Vaidyanathan, Executive Director, Securities and Exchange Board of India (SEBI) at the 14th Annual Convention in Mumbai.