Mumbai News, 27 February 2026: YES Bank Limited (NSE: YESBANK), a major private sector bank, is under pressure in the market today. At 9:43 AM, the share price was trading at ₹20.76 on NSE and BSE, down 1.33% compared to the previous closing price of ₹21.04. The day started at ₹21.01, with a high of ₹21.01 and a low of ₹20.73. The average trading price is ₹20.82. The 50-day average is ₹21.67 and the 200-day average is ₹21.19, indicating the share is currently in a downtrend.
Live updates on NSE and BSE
As of 9:43 this morning on NSE and BSE, 12,599,208 shares have been traded. The previous day (26 February) the share closed at ₹21.04, showing a 1.55% increase. The day’s opening was ₹20.75, the high ₹21.24 and the low ₹20.75. The total turnover was ₹469.51 crore. The 52-week high is ₹24.30 and the low is ₹16.02. The market value is ₹66,022.37 crore. On the daily chart, the share is showing pressure at the support level and is failing to break the downtrend.
Yes Bank-BookMyForex receives complaints of suspicious transactions from Forex card users; the company denies any data breach
A series of suspicious transactions has emerged on the multi-currency prepaid forex card issued in partnership between Yes Bank and BookMyForex. On 24 February, between 3:30 am and 8:30 am, unauthorized transactions worth $280,000 (around ₹2.3 crore) from 15 merchants in Latin American countries were approved, affecting 5,000 customers. The bank blocked 688 attempts, preventing a loss of $100,000 (around ₹90 lakh).
The bank said these transactions happened on a specific BIN (Bank Identification Number). The fraud monitoring system spotted unusual activity and put restrictions on e-commerce transactions from that country. The company denied any data breach and started refunding customers. The Reserve Bank of India (RBI) has issued summons to senior officials of Yes Bank and an investigation is underway. Users even complained about transactions from Brazil on inactive cards, raising suspicion of a data leak. BookMyForex reported the matter to the bank and claimed the system is secure.
What do Dalal Street analysts set target price?
Street analysts are giving mixed opinions about Yes Bank. The average 12-month target is ₹20.27, with a high of ₹28 and a low of ₹17. Out of 11 analysts, some have given a ‘sell’ rating while others a ‘hold’. According to the trendline, the average target is ₹24.37, with an upside of 15.83%.
Kotak Institutional Equities and JM Financial have given a ‘sell’ rating with a target of ₹18. They say the bank is trying to raise its ROA from 0.5% to 1%, but there are challenges in reducing the corporate book and meeting PSL targets. ICICI Securities has given a ‘hold’ rating with a target of ₹24. Earnings are expected to grow by 24.6% and revenue by 15.7% in the future. Experts say the share could break out above ₹27 or fall below ₹17.
Other news about Yes Bank Limited
- Yes Bank allotted 33,500 equity shares under ESOS on 19 February.
- Goldman Sachs held a virtual meeting with global investors at its Asia Financials Corporate Day, without sharing any confidential information.
- On 26 February, the delivery volume reached 13.09 crore shares, which is 375.58% higher than the 5-day average. It is underperforming compared to the share sector.
- In February, the market stayed unstable due to weaknesses in the IT sector and global tech developments, which also affected banking shares.
YES Bank is under pressure due to the forex card scam, but the bank has kept the losses limited. Investors should stay cautious and watch the market trends.
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