Stock Market News

YesBank falls 7% after report of borrower defaults on interest payment

Yes Bank shares plunged nearly 7 percent intraday on July 2 after a media report indicated that Mumbai-based borrower defaulted on interest payment to private sector lender.

The stock plunged 63 percent in last three months. It was quoting at Rs 102.65, down Rs 6.50, or 5.96 percent on the BSE at 1022 hours IST.

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