New Delhi, June 3 -- Yes Bank share price plunged over 7% in early trade on Tuesday, breaking its three-day gaining streak. Yes Bank shares fell as much as 7.39% to Rs.21.55 apiece on the BSE.
The fall in Yes Bank share price comes amid reports of block deal and ahead of its board meeting to consider fundraising.
According to a report by CNBC-TV18, around 3% equity shares of Yes Bank changed hands in multiple blocks in Tuesday's trade. The report added that a PE investor was likely the seller of Yes Bank shares in the block deals today.
Meanwhile, the board of directors of the private lender will meet today to consider proposals to raise capital through the issuance of equity shares or debt securities, via private placement or preferen...
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