WILL YES BANK BECOME NEXT HDFC? Yes Bank HDFC
YES BANK:
Yes Bank was founded by Mr RANA KAPOOR it's a new age private Bank within few years it's become a more trusted bank and issued there IPO in 2005 December.
They opens a multiple branches across India . Till 2024 they have more than 1000 branches and more than 1300+ ATM.
ED department accused Mr RANA KAPOOR for the miss selling and doing coruption with their investors once upon a time they said rana: my share are like diamonds to me. However but they selling there own shares silently.
Central department puts allocation on him that hi did fraud with his investors .
Due to irregularities and fraud many loans are till not recovered .
In year 2024 yes Bank's share show a massive growth while SBI AND LIC have stake on it. Yes Bank hits it's 52 week high 32.85rs .
Currently on date 17 Feb 2024 yes Bank share is at price 28.40rs.
Market cap of yes bank is 82550.77 crore
While the share is not performing that well but after a long time it at its high.
Yes Bank's returns on market share more than HDFC WHILE HDFC Bank is in _ve
But we can't say yes Bank a upcoming HDFC due to there management and returns,and there fraud.
Thank you for information
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