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Ajit Mishra | Answer |Ask -Follow

Answered on Jul 22, 2020

Question by Kamakhya on Jul 22, 2020Hindi

Money

I've started investing in Yes Bank's shares and I wanted to know that if investing there would give me a good return in the future or not?

Ans: Yes Bank has had corporate governance issues as well as deterioration of asset quality which has taken a big hit in recent times. The asset quality could worsen considering the impact of COVID-19 pandemic led disruption.

We would advise you to avoid the stock and wait for improvement in the financials before making any fresh investment.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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