YES Bank tanks 34% as RBI limits Rana Kapoor's tenure. Should you sell?

Shares of YES Bank tanked 34 per cent in trade on Friday to hit an intra-day low of Rs 210 levels on the Bombay Stock Exchange (BSE), after the Reserve Bank of India (RBI) denied an extension to Rana Kapoor as the bank’s managing director and chief executive officer (CEO). In comparison, the S&P BSE Sensex was trading 0.8 per cent higher at Rs 37,400 levels.

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