Yes Bank Slumps After UBS Puts Out Most-Bearish Price Target
An elderly woman walks by a Yes Bank Ltd. automated teller machine (ATM) branch in Mumbai. (Photographer: Kuni Takahashi/Bloomberg)

Yes Bank Slumps After UBS Puts Out Most-Bearish Price Target

UBS cut its recommendation on Yes Bank Ltd. to ‘Sell’ due to greater-than-expected risks from bad loans and moderating loan growth.The brokerage lowered its rating on the stock to ‘Sell’ from ‘Neut...
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