Is YES Bank a stable bank? (2024)

Is YES Bank a stable bank?

Moody's Investors Service on Friday said it has affirmed Yes Bank's ratings on the back of expectation that its financial performance will remain stable over the next 12-18 months.

Is Yes Bank safe?

RBI also monitoring YES Bank so no need to worry ,your money will be safe.

What is the financial status of Yes Bank?

For the quarter ended 31-12-2023, the company has reported a Consolidated Total Income of Rs 8,243.46 Crore, up 3.29 % from last quarter Total Income of Rs 7,980.61 Crore and up 16.70 % from last year same quarter Total Income of Rs 7,064.08 Crore.

Is Yes Bank a good stock to buy?

According to stock market experts, Yes Bank shares have been under the sell-off heat after touching a new 52-week high of ₹32.85 apiece on 9th February 2024. They advised positional investors to maintain a 'buy on dips' strategy despite a retracement of over 20 percent in Yes Bank share price from this 52-week high.

What is the risk of Yes Bank?

Analysts have cautioned that private lender Yes Bank's high reliance on bulk deposits continues to be a risk despite its efforts to ramp up retail deposits. At around 40 percent of bulk deposits, the cost of funds remains high, analysts said.

Are fixed deposits in Yes Bank safe?

It is also a safer form of investment when compared to stocks or shares as there is no risk involved and you are assured of a fixed return. YES BANK provides a convenient reinvestment option of your FD, which directly reinvests the sum accrued into the scheme once your tenure expires.

Which bank owns Yes Bank?

As of 28 July 2020, Yes Bank is an associate of State Bank of India which has a 30% stake in the company. On 21 February 2023, Yes Bank issued 2,13,650 equity shares to its employees under the company ESOP plan. The bank plans to open 150 branches in fiscal 2024, with 110 branches open as of March 2024.

What is the future prediction of Yes Bank?

Yes Bank Future Growth

Yes Bank is forecast to grow earnings and revenue by 42.4% and 22.2% per annum respectively. EPS is expected to grow by 52.4% per annum. Return on equity is forecast to be 6.7% in 3 years.

What is the target of Yes Bank in 2025?

Yes Bank Share Price Target 2025

Yes Bank conducted its first IPO in 2005, leading to increased capital and expansion. The IPO resulted in a significant surge in Yes Bank's shares at that time, contributing to substantial growth. Yes Bank's share price target is set at ₹35.50 for 2025 to drive further growth.

Is Yes Bank overvalued?

Compared to the current market price of 23.85 INR, Yes Bank Ltd is Overvalued by 6%.

Will Yes Bank bounce back?

The bank is now getting back into shape. Let's look at the December quarter ratios for comparison. The LCR improved to 118% in December 2023. Gross NPAs have improved from 16.8% to 2%, a significant achievement given the high bad loan portfolio of the bank.

Who is the largest shareholder of Yes Bank?

Why can I not sell Yes Bank shares?

If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it.

Which bank are the safest?

Which bank is very safe?

Which is the best bank in India?

Which is safest bank for fixed deposit?

HDFC Bank is often listed as the best FD scheme to invest in India.

Which is the best bank to keep fixed deposit?

Should I keep my money in fixed deposit?

There are two key advantages of locking your savings in the fixed deposits at the current interest rate. One, the interest rates have risen substantially in the past few months as a result of the RBI's monetary policy. Second, the interest rates may see a fall towards the end of this calendar year.

How many customers does YES BANK have?

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.

Which bank is the mother of all banks?

The Reserve Bank of India, or the RBI is known as the mother of all central banks. This is because the Reserve Bank of India is a regulator of the flow of currency in the Indian economy. At the same time, it also plays the most significant role in regulating their other banks, to which it often lends money.

Is YES BANK a private bank in India?

Founded in 2004, Yes Bank is a private-sector bank among India's leading banks. Since its foundation, Yes Bank has seen significant growth in its revenue profit, leading to it getting listed on the Bombay Stock Exchange and the National Stock Exchange.

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