Why YES Bank share price hit 5-year low
In the last one month, YES Bank share price has declined nearly 40 per cent after global rating agencies such as UBS India and Moody's Investors Service downgraded the bank's ratings
- Jul 4, 2019,
- Updated Jul 5, 2019 9:45 AM IST
Shares of YES Bank, the country's fourth-largest private lender, continued their losing streak on Thursday and tumbled over 4 per cent intra-day trade to hit five-year low of Rs 95.25 on the Bombay Stock Exchange.
In the last one month, YES Bank share price has declined nearly 40 per cent after global rating agencies such as UBS India and Moody's Investors Service downgraded the bank's ratings. During the same period, Indian benchmark index S&P BSE Sensex declined nearly 1 per cent.
Shares of YES Bank, the country's fourth-largest private lender, continued their losing streak on Thursday and tumbled over 4 per cent intra-day trade to hit five-year low of Rs 95.25 on the Bombay Stock Exchange.
In the last one month, YES Bank share price has declined nearly 40 per cent after global rating agencies such as UBS India and Moody's Investors Service downgraded the bank's ratings. During the same period, Indian benchmark index S&P BSE Sensex declined nearly 1 per cent.