Yes Bank is currently trading at Rs. 367.80, up by 1.45 points or 0.40% from its previous closing of Rs. 366.35 on the BSE.
The scrip opened at Rs. 369.50 and has touched a high and low of Rs. 373.50 and Rs. 366.50 respectively. So far 101550 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 374.00 on 15-Feb-2012 and a 52 week low of Rs. 230.55 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 374.00 and Rs. 340.35 respectively. The current market cap of the company is Rs. 12977.88 crore.
The promoters holding in the company stood at 26.21% while Institutions and Non-Institutions held 59.90% and 13.89% respectively.
Yes Bank, India's fourth largest private sector bank likely to increase its branch network by around 120 to 150 in the South by year 2015. This is a sub-target set by the Version 2.0 growth mode that the bank has embarked on since year 2010.
As a part of Version 2.0 bank has been pushing its retail business this year, rather than seek to negotiate a ‘gradient' in terms of achieving incremental targets, it has been bracing itself for a ‘vertical climb' and accomplished till date.
The bank also expects to expand its CASA (current accounts and savings account) from the 17-20% range to 30% by 2015. It was the first off the block to raise the savings bank rate to 6% within an hour's time of the deregulation announced by the Reserve Bank and currently it has raised the rate to 7 per cent, and is a market leader.
