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NSE puts restrictions on Yes Bank’s shares in various segments

06 Mar 2020 Evaluate

The National Stock Exchange (NSE) has put restrictions on Yes Bank shares in various segments, including futures and options. In a rare move, Yes Bank was placed under a moratorium, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

The categories placed under restriction include debt, securities lending and borrowing scheme, currency derivatives, commodity derivatives, futures and options.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Peers
Company Name CMP
HDFC Bank 724.00
ICICI Bank 1357.50
Axis Bank 1240.95
Kotak Mahindra Bank 412.70
Indusind Bank 967.65
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