This Is How Yes Bank Ruined Its Investors!
As we all
know that on March, 05 the Reserve Bank of India made some restrictions on
withdrawal of money from the bank account. Along with money restrictions, the
RBI made changes in the management of Yes Bank. And on March, 06 RBI released
‘Draft’ where State Bank of India will pick 49% stake of Yes Bank in next three
years.
The retail
Investors who have invested in Yes Bank booked a huge loss. The last month Yes hit
its all-time low share price i.e. around Rs 5-6. Two years back Yes Bank share
was trading at the price above Rs 350, Now it trading around Rs 26. If a
somebody has invested two years back in yes bank then now his/her portfolio is
wiped out with losses.
The main
reason for Yes Bank crises is its frequent growth of Non-Performing Assets
which is also know as ‘BAD LOANS’. The financial statements of Yes Bank are not
so strong, it is suffering losses from last year. The main reason for its
condition is wrong management from top authorities. The reason for retail
investors losses is their wrong Management Analysis.
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