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Yes Bank Limited ( (IN:YESBANK) ) has issued an update.
Yes Bank Limited has announced the receipt of INR 82 crores from a single trust in its Security Receipts Portfolio, following the sale of a Non-Performing Asset (NPA) portfolio to J.C. Flower Asset Reconstruction Private Limited. This receipt exceeds the materiality threshold set by the Securities and Exchange Board of India, highlighting a significant financial event for the bank, which may impact its financial health and stakeholder interests.
More about Yes Bank Limited
Yes Bank Limited operates in the banking industry, providing a range of financial services including corporate and retail banking, asset management, and investment banking. The bank focuses on delivering innovative banking solutions to its clients across India.
YTD Price Performance: -17.73%
Average Trading Volume: 10,489,352
Current Market Cap: 513.6B INR
For detailed information about YESBANK stock, go to TipRanks’ Stock Analysis page.
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