Is there a future for Yes Bank?
Yes Bank is forecast to grow earnings and revenue by 42.4% and 22.3% per annum respectively. EPS is expected to grow by 50.1% per annum. Return on equity is forecast to be 9.5% in 3 years.
On the suggestions to fresh investors, Sumeet Bagadia of Choice Broking said, "Fresh investors can buy Yes Bank shares at current levels and maintain buy on dips strategy maintaining stop loss at ₹21 per share levels. They can hold the scrip for near-term targets of ₹30 and ₹32 apiece."
Yes you can buy yes bank shares for long term.
Various financial results of Yes Bank suggest a good upward trajectory for its share price target in 2025. Its maximum and minimum range in 2025 is expected to be in between Rs 27.42 and 21.09.
Yes Bank stock price went up today, 22 Mar 2024, by 2.14 %. The stock closed at 23.41 per share. The stock is currently trading at 23.91 per share. Investors should monitor Yes Bank stock price closely in the coming days and weeks to see how it reacts to the news.
Various financial results of Yes Bank suggest a good upward trajectory for its share price target in 2025. Its maximum and minimum range in 2025 is expected to be in between Rs 27.42 and 21.09.
RBI also monitoring YES Bank so no need to worry ,your money will be safe.
| Name | Equities | Valuation |
|---|---|---|
| STATE BANK OF INDIA 26.13 % | 7,516,666,000 | 2 217 M ₹ |
| Verventa Holdings Ltd. 6.425 % | 1,848,077,851 | 545 M ₹ |
| CA Basque Investments 6.425 % | 1,848,077,851 | 545 M ₹ |
| Life Insurance Corporation of India (Investment Portfolio) 4.340 % | 1,248,365,988 | 368 M ₹ |
Synopsis. Yes Bank shares jump over 11% after RBI approves HDFC Bank's acquisition of up to 9.50% of Yes Bank's share capital or voting rights. HDFC Bank must acquire major shareholding within 1 year. HDFC Bank's aggregate holding in Yes Bank should not exceed 9.50% at all times.
The Reserve Bank of India has granted approval to HDFC Bank for the acquisition of an aggregate holding of up to 9.50% of the paid-up share capital or voting rights of Yes Bank.
What is the future of Yes Bank in 2030?
The price of a Yes bank share projected for 2030 could range from Rs. 110 or 130. It is important to conduct thorough research and speak with an expert in financial planning prior to making any investment decision.
Standalone net profit rose to 2.31 billion rupees ($27.8 million) in the financial third quarter, the Mumbai-based private lender said on Saturday, up from 515.20 million rupees in the same period a year earlier. Analysts on average had expected a net profit of 3.43 billion rupees, according to LSEG data.
Now Yes Bank can be treated as a multibagger stock as it has given us good signs for the future growth. 1 Yes Bank stock rose more than 10 percent following the Brickwork ratings to upgrade the Tier 1 subordinated perpetual Bonds . The ratings was changed from BWR D to BWR BB+/ Stable .
In July 2022, YES Bank had raised over $1.1 billion by selling a 10% stake to PE firms Carlyle Group and Advent International. This was one of the largest private capital raised by an Indian private sector bank and helped in bolstering YES Bank's balance sheet. 1.
- HDFC Bank.
- ICICI Bank.
- Bank of Baroda Ltd.
- SBI (State Bank of India)
- Indian Bank.
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Shares of YES Bank fell nearly 4% to the day's low of Rs 25.25 on Monday, extending their losses to the second straight session and falling over 7% following last week's downgrade by Goldman Sachs, where it issued a 'Sell' rating.
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| Chase Bank | 5.0 | Learn More |
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Which are the safest banks in India?
The Reserve Bank of India (RBI) regulates the safety of banks in India. Among the prominent banks known for their stability and safety measures are the State Bank of India (SBI), HDFC Bank, ICICI Bank, and Punjab National Bank (PNB).
SBI currently holds a 26.13% stake in YES Bank, the highest among a consortium of banks including HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, and IDFC First Bank, which also have stakes in the private lender.
Yes Bank's largest investor State Bank of India (SBI) has over 27.97 lakh shareholders. As of March 31, 2023, SBI holds 26.14% of Yes Bank, while LIC holds a 4.34% stake.
It seems retail investors have placed more faith in Yes Bank than depositors? Today, we have the distinction of having more than 5 million retail investors. We have 6.5 million customers.
The State Bank of India (SBI) on Thursday, February 8 issued a clarification, denying reports of a stake sale in private lender Yes Bank. In a regulatory filing to the stock exchanges, the country's largest lender said that the media reports are factually incorrect.
