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Despite improved loans and deposits, YES Bank's stock drops over 4%, nearing its 52-week low.
On April 4th, YES Bank's shares fell by over 4% despite reporting an 8.2% rise in loans and a 6.8% increase in deposits.
The bank's credit-to-deposit ratio was 86.7%, and the liquidity coverage ratio was 125%.
Despite these figures, YES Bank's stock is near its 52-week low.
Financial institutions recommend holding the stock with a stop loss at ₹16, and some have 'sell' ratings with target prices ranging from ₹15 to ₹17.
4 Articles
A pesar de la mejora de los préstamos y depósitos, las acciones de YES Bank caen más del 4%, acercándose a su baja de 52 semanas.