Yes Bank stock falls 26% in Oct, hits lowest level since Apr 2023

Yes Bank shares fell 1.15% to ₹15.43 on Thursday, hitting their lowest level since April 2023 and taking October losses to 26%. The stock is headed for its second consecutive monthly decline. The sell-off follows the Supreme Court upholding a ruling against the 2020 write-off of ₹8,415 crore worth of the lender's Additional Tier-1 bonds.