Yes Bank zooms on the BSE
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Yes Bank is currently trading at Rs. 26.13, up by 1.40 points or 5.66% from its previous closing of Rs. 24.73 on the BSE.
The scrip opened at Rs. 24.99 and has touched a high and low of Rs. 26.24 and Rs. 24.88 respectively. So far 31179690 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 26.25 on 16-Jan-2024 and a 52 week low of Rs. 14.10 on 23-Oct-2023.
Last one week high and low of the scrip stood at Rs. 26.25 and Rs. 24.02 respectively. The current market cap of the company is Rs. 74118.58 crore.
The Institutions holding in the company stood at 65.78%, while Non-Institutions held 34.22% in the company.
Yes Bank has launched SmartFin. This cutting-edge, end-to-end, Digital Supply Chain Finance (SCF) platform, powered by Veefin Solutions, the leader in SCF technology in India marks a significant leap in the landscape of digital finance in India. SmartFin facilitates digital SCF loans for dealers and suppliers of corporate clients, enabling them to achieve their strategic business objectives, that includes working capital efficiency, market expansion, sales acceleration, and strengthening supply chain partnership. The platform’s comprehensive capabilities in digital onboarding, credit underwriting, loan management and transaction processing redefine the accessibility of SCF products.
What sets SmartFin apart is its robust integration with India’s digital infrastructure, i.e., India Stack and other key third-party data sources, coupled with ERP integrations. This synergy enriches credit underwriting, making it more reliable and efficient. The platform’s sophisticated rule-based algorithms and omni-channel capabilities ensure that MSMEs can access credit effortlessly, demonstrating YES BANK’s commitment to customer centricity.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
