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Home Daily Trending News

Yes Bank limited share Drop, Why? Know more about It Here!

allinonetrendz by allinonetrendz
May 2, 2024
in Daily Trending News, latest news, Trending News
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Yes Bank limited

Yes Bank limited share Drop, Why? Know more about It Here!

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The price of Yes Bank limited stock’s decreased by -2.33% today, May 02, 2024. Shares of the stock closed at 26.17. At the moment, a share of the stock is going for $25.56. In the upcoming days and weeks. Investors should keep a careful eye on the price of Yes Bank’s stock to see how it responds to the news.

With an emphasis on business and retail banking services. Yes Bank began as a full-service bank in 2004 and swiftly grew to become one of India’s top private sector banks. With a target share price of ₹24.10 by 2024. The bank’s shares have been rising gradually and are predicted to continue expanding in the future. The goal share price of Yes Bank for 2024 is ₹24.10 in order to spur further expansion.

Yes Bank limited share price NSE, BSE update

Yes Bank limited experienced a 0.0 high and a 0.0 low during the previous trading session. The trend of analyst recommendations, with a current rating of Sell, is displayed below.

  • Why 34.34% less than the current market price, at ₹16.75, is the medianprice goal.
  • ₹14.0 is the lowest target price according to analyst estimations.
  • ₹19.0 is the highest goal price according to analyst estimations.
Yes Bank limited
Yes Bank limited share Drop, Why? Know more about It Here!

Yes Bank limited market price has violated the first support level. Which was determined from a standard pivot table and is now at $255.68. On a daily time frame. This indicates a bearish move. But traders should keep an eye out for any reversals from $25.18. The stock price may move down still if it breaks through the second support level at $25.18.

Yes Bank had a high of ₹27.39 and a low of ₹26.05. It opened at ₹27.28 and finished at ₹27.11. At ₹78,640.23 crores, the market capitalization was recorded. ₹32.81 was the 52-week high, and ₹14.1 was the low. 45,243,463 shares of Yes Bank were traded on the BSE that day.

Hike in Yes Bank, credit card charges from May 1

Customers of credit card companies IDFC FIRST Bank and Yes Bank have announced that there would be increased fees associated with paying utility bills. Beginning on May 1, a number of banks will apply a one percent fee to all utility payments made with credit cards. Therefore, this will be paid on top of the rent that is paid with credit cards. Two banks, Yes Bank and IDFC FIRST Bank. Announced that their credit cardholders will be subject to increased costs for paying their utility bills.

Finally, clients of Yes Bank would have a free usage limit of ₹15,000 under the new regulations. While clients of IDFC First Bank will have a limit of ₹20,000. With the exception of “private” credit cards, YES Bank updated several of their credit card fees. The bank stated that “a charge of 1% will be applicable on all utility transactions in a statement cycle” and that the adjustments will only impact the fuel price category on a select few of its credit card types.

Yes Bank limited
Yes Bank limited share Drop, Why? Know more about It Here!

Yes Bank collaborated with ANQ to launch Phi and Pi credit cards

Two new credit cards specifically tailored for Indian consumers have been unveiled by YES Bank in collaboration with financial services firm ANQ, based in Bengaluru. The companies released a joint statement stating that the Pi and Phi co-branded cards are intended to provide special features and advantages.

The Yes Bank AnQ Pi Credit Card is a digital-only card that offers credit for domestic transactions via the Unified Payments Interface (UPI).

According to the companies, this card gives freedom without any extra fees because there are no joining or yearly fees.

On UPI transactions over ₹2,000, users can accrue 8 reward points and receive access to RuPay Platinum Benefits.

On UPI transactions over ₹2,000, users can accrue 8 reward points and receive access to RuPay Platinum Benefits.

The card also lets users convert purchases into EMIs and offers faster incentives for UPI spending.

The YES BANK ANQ Phi Credit Card is a physical credit card that can be used for both local and foreign transactions.

Additionally, the Pi card is free of joining costs.

Finally, the Phi card waives fuel surcharges and grants access to international lounges in addition to incentives in a number of categories, such as eating and travel. For purchases of ₹200, users can receive 24 reward points in specific categories and 4 reward points for other ₹200 purchases.

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