$YESBANK Yes Bank Ltd was in focus on Friday, June 5 2026

Yes Bank Ltd was in focus on Friday, June 5 2026, as the stock gained modestly amid steady institutional accumulation and improving credit metrics. 🏦 Yes Bank – Key News Highlights Stock Performance: Closed at ₹27.85 (+2.1%) on June 5. Weekly gain: +4.3%, outperforming the Nifty Bank index. Volume rose nearly 2× average daily turnover, signaling renewed investor interest. Business Update: Loan book growth: Advances up 12.4% YoY, led by retail and MSME segments. Deposits: ₹2.45 lakh crore (+10.8% YoY). Gross NPA: Improved to 1.7% from 2.2% last quarter. Net Profit (Q4 FY26): ₹504 crore (+18% YoY). Strategic Moves: Announced plans to raise ₹10,000 crore via QIP/FPO to strengthen Tier‑1 capital. Expanding digital lending partnerships with fintechs for unsecured personal loans. Focus on reducing legacy stressed assets through ARC sales and recoveries. Sector Context: PSU and mid‑tier private banks saw buying interest after RBI maintained policy rates. Analysts expect Yes Bank’s improving asset quality to support re‑rating in FY27. 📈 Technical Snapshot Metric Value Trend Support ₹26.50 Holding firm Resistance ₹29.00 Breakout zone RSI (14‑day) 63 Bullish momentum Volume Trend Rising Accumulation phase ✅ Investor Takeaway: Yes Bank’s improving fundamentals and capital‑raising plans signal a gradual turnaround. Sustained trade above ₹28 could open upside toward ₹30–₹31 in the near term