Wednesday, August 5, 2020

Changing visions about yes bank

  • We have already written and given a vision on fortune of yes bank on July 18.Now I would like to thank moodie for upgrading  yes bank on the same ground what I have mentioned.When yes bank was in crisis, group of banks specially SBI came out and invested big money in the bank and gave lifeline to yes bank.After sometimes yes bank showed confidence and took a very big & bold step and launched a very big fpo of 15000 crores and it was almost fully subscribed. This successful event is the solid foundation for changing the fortune of yes bank.It was firstly  banks and then investors who were main instruments behind the success story,if it happens, of yes bank. It is also appreciable the way this crisis was resolved.

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