YES BANK has lodged a complaint with Mumbai Police and Cyber Cell against the dissemination of fake news and spread of rumors about the Bank's financial health on WhatsApp and other social media platforms.
YES BANK has requested the authorities to form a multi-disciplinary team of experts for detecting the origin of the fake news and assess the short-sell positions, held either directly or indirectly by such accused persons.
Over the past few days some miscreants have been spreading false information and malicious rumors about YES BANK on WhatsApp and other social media platforms to create panic and fear in the mind of its depositors. The messages attempt to portray the Bank in poor light and are intended to tarnish the image of the Bank in the eyes of its depositors, stakeholders and the general public.
The Bank remains committed to protect the interest of all its valued stakeholders and promises to take strong steps against the fear/ panic mongers. The Bank appeals to its trusted patrons to be cautious of false information circulating against it and assures that its financial position continues to be absolutely safe and sound.
Shares of YES BANK LTD. was last trading in BSE at Rs.42.15 as compared to the previous close of Rs. 42.55. The total number of shares traded during the day was 38733779 in over 78986 trades.
The stock hit an intraday high of Rs. 45.9 and intraday low of 40.95. The net turnover during the day was Rs. 1667068180.