Yes Bank is currently trading at Rs. 361.65, up by 0.90 points or 0.25% from its previous closing of Rs. 360.75 on the BSE.
The scrip opened at Rs. 364.80 and has touched a high and low of Rs. 364.80 and Rs. 349.50 respectively. So far 1080833 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 383.25 on 21-Sep-2017 and a 52 week low of Rs. 218.25 on 26-Dec-2016.
Last one week high and low of the scrip stood at Rs. 383.25 and Rs. 359.90 respectively. The current market cap of the company is Rs. 81780.64 crore.
The promoters holding in the company stood at 20.14% while Institutions and Non-Institutions held 68.63% and 11.23% respectively.
In a bid to address certain ‘redundancies’, YES Bank has gone in for ‘rationalisation’ of its workforce. The bank has scaled down its workforce by nearly 2,500 on account of digitisation and automation.
With the bank’s digital transformation, greater degree of automation and digitisation gaining momentum, not only will the bank start witnessing better productivity, cost efficiency and customer service in the short to medium term, but will also generate some redundancies in job roles which will require rationalisation efforts.
As of June 2017, the staff strength of the bank stood at 20,851.
