SAY YES BANK or NO to the BANK

Yes Bank is India's fourth^[2] largest private sector bank, founded by Rana Kapoor and Ashok Kapur in 2004. Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades. YES BANK is a “Full Service Commercial Bank”, and has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country.



WHY DID YES BANK CRASH ?


Investor sentiment in Yes Bank hit a low as the stock plunged 34 percent intraday on Friday to register its worst single-day fall since listing.


The Reserve Bank of India will require Kapoor to step down at the end of January, rejecting the lender’s request to extend his tenure by three years, the bank said in a brief statement late Wednesday. Yes Bank’s board will meet on Sept. 25 to decide on future action, the bank added, without giving details. 

Lets look at the return Yes bank has given to its investors .

Performance

	YTD	1-Month	3-Month	1-Year	3-Year	5-Year	10-Year
Yes Bank	-27.93	-41.93	-31.80	-39.77	13.86	26.05	23.36
NIFTY 50	5.82	-3.70	3.74	10.09	11.77	13.12	10.12
NIFTY Bank	0.22	-9.42	-3.40	3.22	13.41	19.07	15.01

Yes Bank has been giving negative return from the past one year and Rana Kapoor stepping down as the MD & CEO will Put further pressure on the stock

Fund Houses invested in the stock

Fund	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17
Aditya Birla Sun Life Mutual Fund	2.246	2.183	1.989	1.994	1.994
Franklin Templeton Mutual Fund	1.700	1.764	1.947	2.038	2.133
SBI Mutual Fund	1.308	0.930	0.856	0.660	0.525
UTI Mutual Fund	1.255	0.986	0.948	0.876	0.925
DSP Mutual Fund	0.967	0.668	0.942	1.274	1.043
Reliance Mutual Fund	0.838	0.659	0.297	0.633	0.824
HDFC Mutual Fund	0.695	0.607	1.032	0.944	0.974
Tata Mutual Fund	0.665	0.700	0.672	0.648	0.652
ICICI Prudential Mutual Fund	0.488	0.494	0.779	0.464	0.679
Kotak Mahindra Mutual Fund	0.446	0.407	0.630	0.485	0.468

Figures given above are % of equity capital

What should investors do ?

Rana Kapoor is to Yes bank as Ratan Tata is to TATA Group and Narayan murthy is to Infosys .

We know how TATA Group and Infosys fell when they did not have a good leader .

 

With a good captain, a rough ocean turns into a calm lake; with a bad captain, a calm lake turns into a rough ocean!