Yes Bank Stock- Stay away!!!!! Current updates- UBS cuts Yes Bank's target by 47% New target by UBS is 90 Rupees. Asset-Quality poor Bank's higher exposure to stressed corporate(DHFL, JET AIRWAYS, IL&FS) Facts- 52 week high- 404 52 week low- 116.1(13 May 2019) Yes Bank Limited is India's fourth largest private sector bank Yes bank had taken syndicated loans from eight large international entities including ADB , OPIC , European investment bank , banks in Taiwan and Japan for amounts ranging from US$ 30 Millon to US$ 410 Millon, which it in turn lends to small and medium scale enterprises as well as large corporates. It has also both taken as well as given short term loans to a number of retail and corporate banks in Taiwan, Japan, USA and Europe. It has a strategic partnership with the US government based OPIC and with Wells Fargo . As on 31 January 2019, Yes Bank had 1150 branch...
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