Yes bank stock problem , analysis and valuations

Yes bank stock problem, analysis, and valuations

Yes bank problem 1 

Yes, bank problem started when RBI says no to Rana Kapoor extension because of rbi issue corporate governance and serious lapses with the functioning of yes bank.RBI says yes bank has highly irregular credit management practices and poor compliance culture. Yes, bank wants a three-year extension for Rana Kapoor till 31 august 2021 but rbi disagree the request and yes bank to find the CEO as soon as possible. during this period yes ban share price is trading at 389.

Yes bank problem 2

Yes bank finds another problem when it says it has an exposer of 2620 crore to the il & fs groups companies as of 2018 on September il & fs default the interest payment which leads to the liquidity crunch in the banking system. In Q2 of 2018 yes bank profit starts to decline first time by 3.8 % and the share price of yes bank falls 10 percent.

Yes bank problem 3

After yes bank Q2 result yes bank says it has an exposer on DHFL - Indiabulls finance - Sudhir Valia promoted units - fortune financials services India.RBI Starts investigation from the annual inspection and found that it has and exposer of 3.2 % of its loan book to housing finance companies and 2.6 % to NBFC companies.

Yes bank problem 4

On September another problem arises in the banking system when ii & fs default the payment which leads to the liquidity problem. because yes bank has exposure on ii & fs yes bank share price drop 8 % on that day.

Yes bank problem 5

After all these problems yes bank announced that Ravneet Singh gill replaces Rana Kapoor as CEO of yes bank. MR. Ravneet Singh gill joins yes bank on 1 March 2019.

Yes bank problem 6

On Q4 of 2018 Yes bank post result with surprise loss of 1507 crores, its provisions are highest in its lifetimes. After Q4 result yes bank NPA jumped to Rs 7882 crore.

Yes bank problem 7

After Q4 result mutual funds holding in yes bank declined to 6.5 percent from 9.54 percent and fpi holding drop 33.69 percent from 40.33 however yes bank shares are bought by small investors with investments upon 20 lakhs increased to 18.72 percent from 11.12 percent. On Q1 of 2019 yes bank result ended with 91 percent drop in profit year on year