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Friday, November 30, 2018

Yes Bank shares turn positive, up more than 5%

Shares of the private lender had tumbled 9.5 per cent (intra-day) on Thursday after Icra downgraded its long-term ratings. "The rating downgrade considers the series of resignations from the board of directors, which raises concerns on corporate governance at the bank," Icra said in a note on Wednesday.

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