In this blog we are going to share about the yes bank stock price prediction or yes bank share price for long term is good or not yes bank complete details , so please read the full story below
YES BANK Details
Yes Bank Ltd is a financial institution that offers a wide range of banking and financial services. The bank operates in four main segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. In the Treasury segment, the bank handles investments, conducts financial market activities on behalf of its customers, engages in trading, manages reserve requirements, and raises funds from other banks and financial institutions. The Corporate/Wholesale Banking segment focuses on providing lending services, accepting deposits, and offering various services to corporate customers. The Retail Banking segment caters to individual customers by providing lending services, accepting deposits, and offering various banking services. The Other Banking Operations segment includes activities such as third-party product distribution and merchant banking. The bank was founded by Rana Kapoor, and it received its certificate of commencement of business on January 21, 2004.
Yes bank crash history
On February 16, 2016, Yes Bank made a clear statement to the stock exchanges that the bank had no exposure to the companies involved in the fraudulent activities within the gems and jewelry sector. Moving forward to February 21, 2018, the Capital Raising Committee of Yes Bank’s Board approved the issuance of rated, listed, non-convertible, redeemable, unsecured BASEL III compliant Tier 2 Bonds, in the form of debentures, with each debenture having a value of Rs 10 lakh. The total issuance amounted to Rs 3,000 crore. On March 13, 2018, Yes Bank announced its acquisition of 8.97 crore equity shares, which constituted 17.31% of the paid-up share capital of Fortis Healthcare Limited. This acquisition was a result of the bank invoking the pledge on these equity shares due to the default by the promoter group companies in their credit facility with the bank. Subsequently, on March 15, 2018, Yes Bank disclosed the sale of 1.12 crore shares, equivalent to 2.17% of the paid-up share capital of Fortis Healthcare Limited, in multiple transactions, with the last sale occurring on March 15, 2018. Finally, on March 16, 2018, Yes Bank announced that Mahindra Renewables Pvt. Ltd., a wholly-owned subsidiary of Mahindra Susten Pvt. Ltd., had successfully secured financial closure for its 250 MW solar power project located in Rewa District of Madhya Pradesh. Yes Bank provided financial assistance in the form of project debt amounting to Rs 750 crore, and additional support came from other financial institutions, totaling up to Rs 200 crore.
Yes bank future analysis
Yes Bank stock prediction 2024,2025, Yes bank share price target for long term
| TARGET YEAR | 1ST TARGET (₹) | 2ND TARGET (₹) |
|---|---|---|
| 2023 | ₹25 | ₹28 |
| 2024 | ₹34 | ₹39 |
| 2025 | ₹46 | ₹51 |
Faq yes bank stock prediction 2024,2025, Yes bank share price target for long term
What is Yes Bank?
Yes Bank is a financial institution that provides a range of banking and financial services. It operates in various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
When was Yes Bank founded?
Yes Bank was founded on January 21, 2004.
What are the different segments Yes Bank operates in?
Yes Bank operates in four main segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
Can you provide Yes Bank’s share price targets for the future?
Certainly, here are Yes Bank’s share price targets for specific years: 2023: 1st Target ₹25, 2nd Target ₹28
2024: 1st Target ₹34, 2nd Target ₹39
2025: 1st Target ₹46, 2nd Target ₹51
How can I create a chart for Yes Bank’s share price targets?
To create a chart, you can use spreadsheet software like Microsoft Excel or Google Sheets. Input the data provided for different years and their corresponding targets, then create a line chart or graph using that data.
What was the involvement of Yes Bank in the Fortis Healthcare Limited acquisition?
Yes Bank acquired 8.97 crore equity shares, constituting 17.31% of the paid-up share capital of Fortis Healthcare Limited, due to the default by promoter group companies in a credit facility provided by the bank. The bank later sold 1.12 crore shares, equivalent to 2.17% of the paid-up share capital of Fortis Healthcare Limited.
What financial assistance did Yes Bank provide to Mahindra Renewables Pvt. Ltd. for its solar power project?
Yes Bank provided financial assistance in the form of project debt amounting to Rs 750 crore to Mahindra Renewables Pvt. Ltd. for its 250 MW solar power project located in Rewa District of Madhya Pradesh. Additional support came from other financial institutions, totaling up to Rs 200 crore.
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