New Delhi: Shares of Yes Bank continued to fall for the second session on Friday, falling sharply by nearly 10 percent to hit its one-year low.
Despite positive opening, the stock failed to hold on to the gains and later cracked 9.22 percent to Rs 184.45 - its 52-week low - on BSE.
On NSE, shares of the company dropped 9.64 percent to hit a one-year low of Rs 183.65.
Shares of Yes Bank witnessed massive selling pressure Thursday also tumbling by over 9 percent.
The stock was the worst hit among the blue-chips on both the key indices during morning trade.
Shares of the bank rose by nearly 2 percent on Wednesday, a day after the company's board decided to seek at least a three-month extension from RBI for its MD and CEO Rana Kapoor beyond 31 January, 2019.
The RBI had last week curtailed the three-year term that the board had sought for Kapoor, also one of the promoters of the bank, to 31 January, 2019, and asked the bank to find a replacement.
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Updated Date: Sep 28, 2018 12:22:21 IST