What is the Yes Bank Share Lock-In Period?

Despite Yes bank share lock-in period of 3 years imposed by the Government. Yes Bank shares soar 58%, an outrageous rise in the scrip price of the shares. The government imposed this lock to shareholders holding 100 shares or more for 75 percent of their total investment for new or existing shareholders.
Yes bank alloted 1000 crore equity shares to seven private banks for Rs 10,000 crore. The last Dec’2019 quarter reported a loss of Rs 18,564 crore compared to a profit of 1000 crore last year.
Yes bank stock rose to 58.12 percent, highest hit of Rs40.40 on BSE on Monday (16 Mar 2020).
SBI, HDFC, Axis Bank, Kotak Mahindra, Federal Bank, and Bandhan banks are seven private banks having a stake of 49 per cent in the bank with a lock-in period of three years.

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