Yes Bank "Very Stable", Says CEO Ravneet Gill. Shares Surge After 5-Day Fall

Yes Bank shares were the top percentage gainer on both benchmark indices Sensex and Nifty, despite continuing weakness in the banking sector. On Tuesday, Yes Bank shares had plunged as much as 29.92 per cent before closing at their lowest level recorded in over a decade. The next day, Yes Bank said in a regulatory filing that the steep fall in shares was primarily on account of a forced stake sale by a large shareholder. Yes Bank...