Yes Bank's market value falls by half in 5 weeks to â¹47,000cr
Shares of Yes Bank have fallen nearly 50% in the last five weeks, wiping the bank's market capitalisation by more than â¹44,000 crore. The private lender's market value has fallen from â¹91,000 crore on August 20 to around â¹47,000 crore now. The RBI recently declined the bank's proposal to reappoint its current CEO Rana Kapoor for another three years.