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Yes Bank to be dropped from Nifty banking index from March 27

13 Mar 2020 Evaluate

Yes Bank will be replaced in the Nifty banking index by Bandhan Bank from March 27. As per NSE Indices, the replacement has been done on account of non-availability of future and options contracts in Yes Bank shares.

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 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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