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Future of Yes Bank

Discussion in 'Fundamental Analysis' started by gunwalvikram, Mar 7, 2020.

  1. gunwalvikram

    gunwalvikram Member

    Feb 13, 2017
    Likes Received:
    Hi Shabbir Sir,

    I have 4000 shares of YB @ 42. Seems that future of Yes Bank would be bright after backing from SBI/RBI. What is your view regarding YB. Where you see it in next 3-5 years.


    Sent from my Redmi Note 6 Pro using DIY Technical Analysis mobile app
  2. shabbir

    shabbir Administrator Staff Member

    Apr 30, 2012
    Likes Received:
    That is a good way to convince yourself to remain invested in the bank. Do you really believe we should worry about yes bank? If future is so bright, why did the SBI itself couldn't do it in the past 10 years what HDFC, Kotak did.

    If anything I will want to guess, it can become a kind off PSU. Not a real PSU because it may not be directly owned by Govt but owned by a company that is owned by Govt.
    mohammedhashertk likes this.