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YES Bank FPO subscribed 48% on Day 2. Here's what analysts say - Economic Times 19-Jul-2020
YES Bank FPO subscribed 48% on Day 2. Here's what analysts say - Economic Times
At the upper end of the price band, YES Bank demands an adjusted price-to-book value of 0.85 times. A few other banks trading at similar valuations are IDFC Bank (0.9 times), SBI Bank (0.5 times core banking business) and Federal Bank (0.9 times).
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