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In 2 to 3 years time yes bank will recover from its present state and the share price may come in 3 digits. After all it is managed by big bankers from big and successful banks like SBI. I have faith in them. Have patience and wait. 🙂 Will Yes Bank share price recover in future by any chance?
According to a notification issued by the Ministry of Finance, 75 per cent of all Yes Bank shares that held in the demat accounts of the investors will be locked for 3 years and can’t be sold. The restriction on share sell will not be applicable on investors holding less than 100 shares of Yes Bank.
How long will it take for Yes Bank to recover?
It may take a very long time for yes bank to regain its glory. It also may not happen again. If you are a fresh investor, you should stay away from this stock. If you have already bought at higher levels, you can wait for 1–2 years and then take a decision whether to continue to hold further or not. 8 clever moves when you have $1,000 in the bank.
What is the withdrawal limit of shares from Yes Bank?
The restriction on share sell came after the Reserve Bank of India (RBI) first imposed a moratorium, restricting the withdrawal limit at Rs 50,000 from Yes Bank accounts till April 3, 2020.
Shares of Yes Bank surged 6 per cent on Monday after the private lender announced the board meeting to be held on Thursday, June 10, 2021 to consider the fund raising. The recapitalization drive at YES Bank generated â‚ą15,000 crore via follow-on public offers in July 2020.
Will state Bank of India acquire YES Bank?
On Thursday, March 05, 2020, the stock price moved up 27\% on the news that State Bank Of India was acquiring stake in Yes Bank. The reality was revealed later in the evening that SBI would do it at a price of Rs. 2.00 per share.
What is the price inclination of Yes Bank shares?
The price of share in market solely depends upon the company performance. When company perform better and bring profit consistently, the share price increases in that way. So, for the price inclination, the company has to perform better. Now, The expectation of Yes Bank to perform better is very low.