India's Yes Bank falls to 4-month low; Citi sees near-term pressure

Yes Bank

28/09/2026 06:13

** Yes Bank YESB.NS shares drop as much as 4.31% to 21.53 rupees apiece, a four-month low
** Private lender drops after Citi Research adds Yes Bank to 30-day "downside catalyst watch"
** Citi has "Sell" rating on YESB; PT 22 rupees
** 30-day downside catalyst watch signals a heightened risk of near-term negative triggers, such as weaker earnings, elevated credit costs and limited security receipt recoveries - Citi 
** Says YESB's return on assets is likely to moderate below 65 basis points in the September quarter
** Average rating of 13 analysts tracking YESB is "sell"; median PT is 22 rupees, according to data compiled by LSEG
** YESB flat in 2026 so far, compared to 8.3% drop in bank index .NSEBANK, exchange data shows



 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))