Ticker Magic (Bank Results season): A YES Bank update
Thursday, April 21, 2011
Seems YES Bank has been short on attention because Rabobank is quitting its Yes Bank partnership finally. If you ask me its a long time coming but that just means another new competitor for Yes bank unlike the manufacturing "break ups"/rebadging with BPOs and Hero Honda where there is a considerable loss of people and business to the home team. Here YES Baqnk has always known the investor is piggy backing for a new licence. or no go decision as may be. I do think you should stay invested in YES
Also Rabobank is one of those agri bonds kind of co-op and them and Commerz bank shld be holding a lot of munis klike ING holds trade docs..Say bye bye to love!
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