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Yes Bank Share Price Analysis For 2021

Some Noteworthy facts

Brickwork Ratings on Yes Bank (BWR) upgrades the rating of Tier I Subordinated Perpetual Bonds (Basel II) to BWR BB+/ Stable from BWR D.

The rating upgrade factors

Improvement in capitalization ratios of the bank, strong shareholder base, and experienced board members.

State Bank of India (SBIN) and a few domestic private sector financial institutions invested Rs.10,000 Crs in the bank as a part of the restructuring and to bolster the bank's capital ratios, which had weakened significantly following the large loss in Q3 FY20 on account of higher provisions.

The capital infusion and write-down of additional Tier I bonds helped to improve the bank's CET I and CAR ratio to 6.3% and 8.5% respectively as of 31 March 2020, however, the same was below the regulatory requirements.

FPO Change The Game In Yes Bank 

The bank has further raised Rs 15000 Crs through a follow-on public offer (FPO) in July 2020 which has helped the bank to improve its capital ratios. 

Yes Bank FPO Plan Is Very Good Decision By Board Members

Now Yes Bank have CET I, Tier I, and CAR ratios stood at 13.5%, 13.6%, and 19.9% respectively as of 30 September 2020.

Now Yes Bank has enough capital ( Tier 1) to arrest any crisis.

But what do investors now 

Yes Bank's share price (NSE:18) is still quite attractive, only one and a half times higher than book value (14.66)

But we have to do both technical and fundamental analysis to safe investment

Technical and fundamental analysis

Golden Cross Chart In Yes Bank ( 200 MA + 50 MA Crossover)

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