Is it right time to invest in Yes Bank?

Is it good time to invest in Yes Bank?

The shares of Yes Bank have not gone up a great deal since the follow on public offer. The next 1-2 years would be important for the bank, though we feel that it is back on track. Investors who hold the stock for a period of 2-3 years, might see decent returns. At the moment it looks that the bank is out of the woods.

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.

Should I buy Yes Bank for long term?

Therefore, investors should buy into Yes Bank FPO. Significantly, when the Market Guru gave his buy call to investors, Yes Bank share price was around Rs 12 per stock levels. … For those who were ready to take risk and go for long-term investment, Yes Bank at Rs 12 was an attractive offer and that caught my attention.”

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Is it wise to buy Yes Bank now?

Good Luck. Yes definitely one should start buying yes bank shares. As per the new revival plan of yes bank many of the most reputed banks has invested in it and taking up the stock prices to 80 biggest gain since last 6 months.

Can I buy Yes Bank tomorrow?

YesBank target prediction for February 2021 are 20.29, 18.03, 15.77 on the upside, and 9.11, 11.37, 13.63 on the downside. YesBank target prediction for March 2021 are 25.41, 22.62, 19.82 on the upside, and 3.99, 6.79, 9.58 on the downside.

What is future of Yes Bank?

Deposits have grown by 29% in past 6 months, management has indicated deposit growth could be around 50% going forward in future. This indicates liquidity position of Yes Bank is only going to improve from here on.

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.

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.

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Who is the CEO of Yes Bank?

Prashant Kumar (Mar 6, 2020–)

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.

Is it good to invest in Yes Bank FPO?

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.

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