{"id":4116,"date":"2019-02-14T07:36:49","date_gmt":"2019-02-14T07:36:49","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=4116"},"modified":"2019-02-14T07:36:49","modified_gmt":"2019-02-14T07:36:49","slug":"rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/","title":{"rendered":"RBI gives Yes Bank clean chit, Yes Bank shares recovered"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to tackle domestic banks&#8217; bad debts. Yes bank shares have recovered and the RBI have given them a clean chit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes Bank Ltd&#8217;s shares surged 30 per cent early on Thursday in their sharpest ever intra-day jump, a day after the Reserve Bank of India (RBI) cleared the private sector lender of discrepancies in bad loan reporting practices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More than 101 million shares changed hands by 0418 GMT, double the 30-day average trading volume, and making them the most traded on the National Stock Exchange (NSE).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The central bank did not find any shfts in the asset classification and provisioning by Yes Bank for the fiscal year ending 2018, the bank said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes Bank hired Ravneet Gill as its new CEO after the RBI denied Rana Kapoor an extension to his term twice last year without a concert reason. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Citi analysts said the positive report could support a more rapid return to market than what would have been possible. Adding this would be one of the key priorities for Gill.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jefferies analysts said that they believe it is time for the RBI to increase transparency on decisions that have had a drastic effect on minority shareholders. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes Bank&#8217;s shares were last up 20.1 per cent in a broader Mumbai market that was down 0.25 per cent.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to tackle domestic banks&#8217; bad debts. Yes bank shares have recovered and the RBI have given them a clean chit.\u00a0 Yes Bank Ltd&#8217;s shares surged 30 per [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[3415,239,71],"class_list":["post-4116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","tag-clean-chit","tag-rbi","tag-yes-bank"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RBI gives Yes Bank clean chit, Yes Bank shares recovered - Finance Intellect<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI gives Yes Bank clean chit, Yes Bank shares recovered - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to tackle domestic banks&#8217; bad debts. Yes bank shares have recovered and the RBI have given them a clean chit.\u00a0 Yes Bank Ltd&#8217;s shares surged 30 per [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-14T07:36:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2018\/09\/ambani.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"595\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Team Finance Intellect\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Finance Intellect\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/\"},\"author\":{\"name\":\"Team Finance Intellect\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/8b5a59fca13673b990c789631416f48e\"},\"headline\":\"RBI gives Yes Bank clean chit, Yes Bank shares recovered\",\"datePublished\":\"2019-02-14T07:36:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/\"},\"wordCount\":249,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2018\/09\/ambani.jpg\",\"keywords\":[\"clean chit\",\"RBI\",\"Yes Bank\"],\"articleSection\":[\"Economy and Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/rbi-gives-yes-bank-clean-chit-yes-bank-shares-recovered\/\",\"name\":\"RBI gives Yes Bank clean chit, Yes Bank shares recovered - 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