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Here's why Yes Bank stock is buzzing in trade

Updated : December 09, 2020 04:21:24 IST

Shares of Yes Bank stock have risen 20 percent in the last two days.

CNBC-TV18's Abhishek Kothari reports that the bank is likely to get upgraded to the large cap category from the midcap category it falls in right now, by AMFI.

"There are news reports that suggest that players like Oaktree Capital, Varde Partners, SC Lowy etc. would partner with the bank to form an asset reconstruction company (ARC) with an AUM of Rs 40000 crore", Kothari said.

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