Yes Bank is currently trading at Rs. 512.40, up by 6.85 points or 1.35% from its previous closing of Rs. 505.55 on the BSE.
The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 514.95 and Rs. 504.10 respectively. So far 42700 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 547.15 on 20-May-2013 and a 52 week low of Rs. 310.70 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 547.15 and Rs. 494.30 respectively. The current market cap of the company is Rs. 18404.80 crore.
The promoters holding in the company stood at 25.72% while Institutions and Non-Institutions held 62.18% and 12.10% respectively.
Yes Bank, the country’s fourth largest private sector bank, has entered into a strategic agreement with The International Finance Corporation (IFC), a member of the World Bank Group, for participating in its flagship Global Trade Finance Program (GTFP). Through this programme, Yes Bank will be extended credit guarantees by IFC to cover its payment risks under trade instruments issued by the bank in favour of participating correspondent banks.
Moreover with a wider access to a global network, the program will enable Yes Bank to facilitate transactions in challenging markets, promoting competitive financing and building correspondent bank relationships with new institutions.
Yes Bank, the private sector lender offers a full-range of client-focused corporate banking services, including working capital finance, specialized corporate finance, trade and transactional services, treasury risk management services, investment banking solutions and liquidity management solutions among others to a highly focused client base.
