UPDATE 1-Yes Bank shares drop 25% as India’s cenbank takes control
Shares in India’s fifth-largest
private sector lender Yes Bank tumbled 25% to their
lowest in over a decade on Friday, after the central bank took
control of the bank and limited withdrawals because of a serious
deterioration in its financial position.
private sector lender Yes Bank tumbled 25% to their
lowest in over a decade on Friday, after the central bank took
control of the bank and limited withdrawals because of a serious
deterioration in its financial position.
Posted by Reuters
