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Sunday, March 8, 2020
Will you invest in the Yes Bank???
Will you invest in the Yes Bank???
The topic clears that will yo invest in the Yes Bank or not?
I will try to clarify the points and talk who can and whos should stay away from this stock. The stock market is very volatile and it is being run by the news and operator in the market.
There is a 5 lacks security for the account holder in the yes bank so there is no panic you just have to be very calm and do not become anger just transfer the bank if you have salary account and you can even use the ATM card of other company to withdraw the money. There is a limit of Rs 50000 per month withdrawal but soon it will be removed. because if suddenly all account holder is coming to withdraw the money then how can bank provide that much cash especially when the rank is running out of the cash flow.
Those who have already invested in the yes bank now nothing can be done you have waited for the price now wait for little time more because you might get Rs.20 to Rs.50 because of the announcement of the SBI Bank that he will buy the stock 49% and for the 3 years it will not sell the stock less than 29%. He even declares that he will buy the stock at least more than Rs.10 per share of Rs 8000 to Rs 10000 crore. On Monday it can go up and down not sure as we can see that Rs is the best price and that price may be the bottom and for what price SBI will buy that we will come to know on the Monday 09-03-2020
Those who can not take a risk please stay away from this stock and those who can take 100% risk and in the let go money and spare money that is not required in future and even if it becomes zero it will not affect you that money you can invest in this stock because this is a bank and it was a 5th ranking bank of the country. The bank has all the digital facility right from the loan department ATm, debit, Credit card, etc Reserve bank will not let him delist and fall because if it fails to do that then there will be no trust on other banks too and soon people will pull out the money from the other banks.
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