Quick Answer: Is Yesbank A Good Buy?

Is it good to invest in Yes Bank?

If you hold more than 100 shares of yes bank you cannot sell more than 25% of holdings.

Still i feel this is the right time to invest in YES BANK stocks as most of the banks has invested their money as a part of revival program by RBI and Government..

Is Yes Bank FD 2020 Safe?

Account holders should know that deposits with Yes Bank are insured for up to Rs 5 lakh by the DICGC. DICGC insures all deposits such as savings, fixed, current, recurring, etc. except for a few such as inter-bank deposits, any amount due on account of and deposit received outside India, etc.

Who is owner of Yes Bank?

Rana KapoorRana Kapoor, Founder, Managing Director & CEO, YES BANK received the ‘Entrepreneurial Banker of the Decade’ award from the Bombay Management Association today. The award was presented by Mr. K.N. Vaidyanathan, Executive Director, Securities and Exchange Board of India (SEBI) at the 14th Annual Convention in Mumbai.

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

What is wrong with Yes Bank?

NPAs: YES Bank ran into trouble following the central bank’s asset quality reviews in 2017 and 2018, which led to a sharp increase in its impaired loans ratio and uncovered significant governance lapses that led to a complete change of management. The bank subsequently struggled to address its capitalisation issues.

Is it good time to buy Yes Bank shares?

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.

Will Yes Bank shut down?

The bank cannot be shut down nor can it be merged. … Yes Bank will be managed and run as an independent and private sector bank by a professional board with no interference by SBI in its day-to-day affairs, Kumar said. Under RBI’s Yes Bank Ltd Reconstruction Scheme 2020, SBI will take up to 49% stake at ₹10 per share.

Is Yesbank a good buy for long term?

Yes bank is a long term buy. Though there are negatives about management succession and questions about accounting provisions, Yes bank should be able to sail thru the headwinds. Originally Answered: Can I buy shares of Yes bank now and hold for long term? Buy as much as you can for atleast 1 year.

Will Yes Bank shares go up?

YES Bank share price opened 1.6% higher today at Rs 12.44, also its day’s high against the earlier close of Rs 12.24 on BSE. The stock also hit an intraday low of Rs 12.26 early in the session. … Shares of the private lender hit a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55.

Can I buy Yes Bank tomorrow?

YesBank target prediction for January 2021 are 19.11, 17.79, 16.46 on the upside, and 10.29, 11.62, 12.94 on the downside. YesBank target prediction for February 2021 are 20.18, 17.98, 15.77 on the upside, and 9.22, 11.43, 13.63 on the downside.