YES BANK

Shares of Yes Bank surged over 8 percent to hit a three-month high on May 9, after The Economic Times reported citing people familiar with the developments that the lender's board as well that of State Bank of India (SBI) will meet today separately to finalise the sale of stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corporation (SMBC). will sell around 13% to Japan based bank at a price of Rs 21.50/share.. which will again shoot up share price on Monday