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Yes Bank rises on partnering with Snapdeal, FreeCharge

18 Sep 2015 Evaluate

Yes Bank is currently trading at Rs. 771.80, up by 13.45 points or 1.77% from its previous closing of Rs. 758.35 on the BSE.

The scrip opened at Rs. 766.00 and has touched a high and low of Rs. 777.50 and Rs. 766.00 respectively. So far 2,72,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 910.00 on 04-Mar-2015 and a 52 week low of Rs. 535.90 on 26-Sep-2014.

Last one week high and low of the scrip stood at Rs. 777.50 and Rs. 704.50 respectively. The current market cap of the company is Rs. 32,258.80 crore.

The promoters holding in the company stood at 22.04%, while Institutions and Non-Institutions held 65.71% and 12.25% respectively.

Yes Bank, India’s fifth largest private sector Bank, has partnered with Snapdeal and FreeCharge to facilitate mobile and online transactions in an easy and secure payment ecosystem and will be available for users across FreeCharge and Snapdeal’s e-commerce and m-commerce platforms which currently process a combined Gross Merchandise Value (GMV) of $4 billion.

With Snapdeal, the bank will enable ‘instant refunds’ for its customers processing up to 85% of its refunds within 30 minutes and close to 100% within an hour through IMPS and NEFT platforms and the midsized lender will power the FreeCharge Digital Wallet - a digital platform for recharge and utility payments. This will be a co-branded semi closed loop pre-paid wallet.

Yes Bank is India’s fifth largest private sector bank with a pan India presence across all 29 states and 7 union Territories of India. 


Yes Bank Share Price

20.35 0.15 (0.74%)
20-Apr-2026 10:49 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.85
ICICI Bank 1362.65
Axis Bank 1364.00
Kotak Mahindra Bank 383.70
Indusind Bank 853.45
View more..

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