Yes Bank shares fall 4.5% as senior group president resigns

Press Trust of India  |  New Delhi 

Shares of fell by 4.5 per cent Friday after senior group - retail and Pralay Mondal tendered his resignation.

Shares of the lender tanked 4.45 per cent to close at Rs 185.65 on the BSE. Intra-day, it dropped 6.58 per cent to Rs 181.50.

At the NSE, shares plunged 4.53 per cent to close at Rs 185.30.

The shares have been falling for fifth consecutive day, plunging 15.47 per cent.

"Pralay Mondal has tendered his resignation as senior group - retail and of on January 31, 2019. He will serve notice till close of business hours of March 31, 2019," said in a regulatory filing.

On January 31, Rana Kapoor's reign as the of Yes Bank, which was co-founded by him, ended.

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First Published: Fri, February 01 2019. 17:05 IST