Yes Bank jumps 4% as brokerages flag UPI fee benefit

Yes Bank shares jumped over 4% to ₹24.10 after Citi and Morgan Stanley identified the lender as a potential beneficiary of the new 0.4% MDR on UPI payments above ₹2,000. The stock has gained over 6% in the past week and 11% in 2026, with investors tracking the potential earnings impact.