Shares of Yes Bank jumped over 4% on Wednesday after Citi, Morgan Stanley and other brokerages highlighted that the private lender will likely be one of the key beneficiaries of the newly announced charges on select UPI transactions above Rs 2,000.
Yes Bank shares jumped to Rs 24.10 apiece on the NSE on Wednesday morning, leading advances on the Nifty Bank and Nifty Private Bank indices, which were trading with marginal gains. The stock has gained more than 6% over the past week and 11% so far in 2026.
