Yes Bank Share price: Target price Rs 14, Anand Rathi maintains Sell rating | Earning, valuation and key risks
Yes Bank Share price: The bank's margin expansion, higher non-interest income and lower opex led to a sharp, 1008 bps, sequential decrease in Cost to income ratio, which improved to 39.2%. With the standstill on NPA recognition, Yes Bank asset quality improved. Yes Bank Share price closed at Rs 16.35, down Rs 0.25 or 1.5%.
Yes Bank’s management disclosed a stressed pipeline of Rs 185 bn, almost twice as much as in Q2 FY21. With higher slippages expected, near-term earnings are expected to be negative: Reuters