scorecardresearchWhy Yes Bank rose 5% in a weak market?

Why Yes Bank rose 5% in a weak market?

Updated: 21 Sep 2022, 09:56 AM IST
TL;DR.
Shares of Yes Bank jumped 5 percent on Wednesday after the private sector lender announced that its board has approved the sale of stressed assets worth around 48,000 crore to JC Flowers ARC.
Shares of Yes Bank jumped 5 percent on Wednesday after the private sector lender announced that its board has approved the sale of stressed assets worth around  <span class='webrupee'>₹</span>48,000 crore to JC Flowers ARC.

Shares of Yes Bank jumped 5 percent on Wednesday after the private sector lender announced that its board has approved the sale of stressed assets worth around 48,000 crore to JC Flowers ARC.