InvestorQ : Is Yes Bank still a bad option for long-term?
Tanya Mehta made post

Is Yes Bank still a bad option for long-term?

Answer
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ishika Banerjee answered.
1 year ago


On contrary to your statement, I think that YES bank is a good option for investment, if looking for long-term. The reason for stock price going down was due to discrepancy in NPA reported by the company and details submitted with RBI. So RBI barred promoter’s Rana Kapoor’s to continue as CEO thus bringing a wave of disruption in market.

Since company’s other details seems good, it is a sound investment but one should have patience for 2-3 years to recover. It might recover in a year also.