Yes Bank shares are seen rising for the third consecutive day on Tuesday. On the NSE, Yes Bank shares were trading at 59.30 with a gain of 59.84 per cent at 1.17 pm on Tuesday. With this the stock doubled investors' money in just three trading sessions. It is worth mentioning that on Friday, the Indian stock market was hit by a lower circuit and in the subsequent business Yes Bank shares saw a tremendous increase.

On Monday, after the announcement of the restructuring plan, Yes Bank shares had seen a huge jump and recorded an increase of over 45 percent. Along with this, rating agency Moody's has improved the rating of Yes Bank and its outlook is also positive. On Monday, in the information given to the BSE, the bank said that the board of directors has approved the restructuring of Yes Bank and the appointment of former CFO and deputy managing director Prashant Kumar of SBI as CEO and MD of the bank.

With this, the functioning of the bank can be normal from 6 pm on 16 March. For your information, let us know that after the Moratorium was imposed on Yes Bank, the withdrawal limit from the deposit was fixed at Rs 50,000. In addition, this Moratorium will be removed from 6 pm on 15 March 2020. For your information, let us tell you that the date of removal of Moratorium was 3 April but it is being removed before time.

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