RBI imposes penalty of Rs. 91 lakhs on YES Bank

YES Bank has received a communication on May 27, 2024 from Reserve Bank of India (RBI) stating that RBI had imposed a monetary penalty of Rs. 91,00,000/- (Rupees Ninety One Lakhs only) on the Bank for non-compliance with certain directions issued by RBI on "Customer Service in Banks" and "Un-authorized Operation of Internal/Office Accounts".

Shares of Yes Bank Limited was last trading in BSE at Rs. 23.04 as compared to the previous close of Rs. 23.03. The total number of shares traded during the day was 34516507 in over 38278 trades.

The stock hit an intraday high of Rs. 23.44 and intraday low of 22.81. The net turnover during the day was Rs. 796949923.00.

Source : Equity Bulls

Keywords

YesBank INE528G01035 RBI Penalty