Quick Answer: Is It Safe To Buy Yes Bank Shares Now?

Can I buy Yes Bank shares now?

On technical terms – Yes, one can buy Yes Bank shares for short-term keeping a strict STOP LOSS at Friday’s low.

Now, Yes Bank is buy on dips..

Will Yes Bank shares recover?

Shares of the private lender hit a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55. … YES Bank’s offer to ARCs will be to recover at least 15 per cent amount i.e. Rs 5,000 crore upfront. The balance 10 per cent amount i.e. Rs 3,000 crore may be potential recovery by way of deferred payments.

Is it good time to buy Yes Bank shares?

A bank’s share price is dependent on its financial results. Yes Bank may be asked to do some provisioning by RBI in the upcoming financial quarters. However Yes Bank will need just one good quarter and the shares will bounce back. It appears to be the perfect time to buy the shares at such a low price.

Should I buy Yes Bank shares 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.

Is it safe to invest in Yes Bank?

Recently, Moody’s Investors Service upgraded Yes Bank’s long-term foreign currency issuer rating by a notch to ‘B3’ from ‘Caa1’ after Rs 15,000-crore capital raising. … Fresh capital infusion, SBI backing, retention of deposits and ratings upgrade make the Yes Bank deposits and savings account safe now.

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.

Will Yes Bank grow in future?

Deposits have grown by 29% in past 6 months, management has indicated deposit growth could be around 50% going forward in future. This indicates liquidity position of Yes Bank is only going to improve from here on.

Who is owner of Yes Bank?

Rana KapoorRana Kapoor, Founder, Managing Director & CEO, YES BANK receives the ‘Entrepreneurial Banker of the Decade’ award from Bombay Management Association(BMA)

Is yes bank share worth buying now?

Even the brand value of the bank is substantial now. Yes Bank has recently carried out a Follow-on Public Offer (FPO). The stock was not at all bad from the standpoint of valuation at Rs 12 during the FPO. … If the stock has risen by this much, it is a good deal and most importantly a risk free return deal, he said.