Why is Yes Bank share price skyrocketing? EXPLAINED
Yes Bank share price rallied sharply on Monday, June 2, gaining over 8% during intraday trade and extending their upward momentum for a third consecutive session. Yes Bank shares climbed as much as 8.61% to ₹23.32 apiece on the BSE.
The recent uptrend in Yes Bank share price comes ahead of a crucial board meeting scheduled for Tuesday, June 3, 2025. The private lender’s board of directors will consider proposals to raise capital through the issuance of equity shares or debt securities, potentially via private placement or preferential allotment, subject to requisite approvals
“…this is to inform that the meeting of the Board of Directors of YES Bank Limited is scheduled to be held on Tuesday, June 03, 2025, inter alia, to…