WHY 2 DAYS UC'S FOLLOWED BY 2 DAYS'S LC AND AGAIN UC TODAY?
Comment:
Yes Bank has repaid the Reserve Bank of India (RBI) Rs 35,000 crores out of the Rs 50,000 crores of Special Liquidity Facility (SLF) that was extended to the bank to make up for any shortfall in deposits during the crisis in March this year. This should be +ve for the stock.