Yes Bank Says Forced Stake Sale Led To Steep Fall In Stock

INSUBCONTINENT EXCLUSIVE:
stake sale by a shareholder led to a steep fall in the company's stock in the previous session.The company's shares plunged nearly 23
against a top mortgage lender and a prominent bank spooked investors.Milestone Trusteeship Services, the trustee for an issue of bonds by
filing.In a separate filing on Tuesday, the bank said Morgan Credits, Mr Kapoor and Yes Capital trimmed their stake in the lender by 2.16
liquidity coverage ratio, a measure of highly liquid assets held by a financial institution, was in excess of 125 per cent as on September
30, the company said
Financial institutions are required to maintain a liquidity coverage ratio of 100 per cent.Debt woes at shadow banks, including Indiabulls
Housing Finance, have sparked fresh concerns about the health of the country's financial sector which came under immense stress after the
shock default by a major infrastructure lender last year.Yes Bank's shares were the worst performers on both the Sensex and Nifty on
Tuesday
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