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YES Bank denies ₹32 crore cyber fraud report

Neutral02 sources

GreyOak summary

YES Bank denied a report alleging a ₹32 crore cyber fraud involving government accounts, stating no loss was incurred. The bank sought a retraction from the publication. Shares ended 1.5% lower at ₹17.42 following the clarification.

What it affects

  • Bank denies fraud report, shares fell 1.5%.Rolling sentiment Negative -48

Source

Read the original at CNBC-TV18

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