Yes Bank shares declines sharply over independent director resignation

Reuter

Nov. 20

In the early trade today, the shares of Yes Bank dropped as much as 6.5 per cent to ₹ 191.6.

The lender said late on Monday that the non-executive and independent director Rentala Chandrashekhar has resigned from the board. This is in addition to a number of resignations from its board in last few weeks which affected its stock price.

Over 7 million shares trade hands in the first few minutes of trade, compared with 30-day average of 45.7 million shares.

Published on November 20, 2018

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