Forced Stake Sale Behind Fall, Says Yes Bank After Shares Plunge 23%: 10 Points

In its filing to the Bombay Stock Exchange on Wednesday, Yes Bank said its liquidity position remains "well in excess of regulatory requirements". Its liquidity coverage ratio - a measure of highly liquid assets held by a financial institution - was in excess of 125 per cent as on September 30, it said. Financial institutions are required to maintain a liquidity coverage ratio of 100 per cent. Yes Bank shares ended 22.80 per cent...