Is Yes Bank going to be bankrupt? Should I sell my shares?
The shares of Yes Bank are falling every day. I also have 2000 shares of Yes Bank, I want to know whether I should sell these shares at a loss or should I wait a bit. I have even heard that the bank will go bankrupt. Is this an affair If anyone has any information about this, please share.
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Amelia
I have also invested in Yes Bank. I still have 700 shares of Yes Bank, believe me do not sell your shares right now. I think the shares of Yes Bank will grow soon and we will get good returns. Even if we sell shares now we will have to sell the shares in a loss. The money of big traders like Rakesh Jhunjhunwala is still in Yes Bank and you must have known that he would never have done a loss deal. If that had happened, he would have sold his shares too. Sam said anything can happen. And he is talking right. Nothing can be said right now, maybe we will get a lot of returns.
Sam
See, nothing can be said about it right now. May Yes bank go bankrupt or it may be that YES Bank can stand on its feet again, if Yes Bank does not get a big financier soon, then the situation can get worse. But the good thing is that Yes Bank has not closed any of its branch. And bank has not fired any of his employees.
Site Default
Yes Bank has been doing terrible. The stock price was almost Rs. 400 a year ago, and today it is around Rs. 85, I believe due to NPAs. It fell more than 10% over the last week as well.