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Stay invested in Yes Bank, says Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may stay invested in Yes Bank.

October 05, 2017 / 15:44 IST

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "I have a positive view on Yes Bank. I think one should continue holding. With the very successful issue that they raised funds and the balance sheet has got stronger, they are moving towards Rs 100 book value. So it is decently priced. I would continue holding."

"I think all private sector banks are gaining market share from PSUs and this trend is likely to continue over the next coming years. So, I think Yes Bank is a definite hold," she added.

first published: Oct 5, 2017 03:32 pm

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