Yes Bank makes biggest market cap gain among banks in Q4 2023

Yes Bank makes biggest market cap gain among banks in Q4 2023

NEW DELHI: Yes Bank posted the highest percentage increase in market capitalization among Indian banks in the quarter ended December 31, 2023. Market capitalization for the lender rose 24.4 per cent to Rs 616.94 billion from October to December, helping Yes Bank move two slots higher to 14th position in the list of top 20 Indian banks by market cap, according to S&P Global Market Intelligence data & analysis. In terms of market cap percentage growth, Punjab National Bank was just behind Yes Bank with a quarterly increase of 19.4 per cent to 1.054 trillion in the three months ended December 31, 2023. This saw it gain one spot from a quarter ago, to eighth position on the top 20 list,…
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Source: https://www.dtnext.in/amp/news/business/yes-bank-makes-biggest-market-cap-gain-among-banks-in-q4-2023-761284