Interesting, no one is talking about this recent news. 3 years Lock-in period is ending by 13th Mar 2023. There will be a huge supply of stocks from that day which can tank the share price.
Recently received a mail communication and call from my yesbank manager saying the savings interest rate is getting hiked and the interest is applicable to the entire sum and not on slabs basis. As a savings account holder this is good news but why should the bank give this attractive scheme? Are they in trouble?
Disc:
- Was shareholder and exited at the rock bottom
- Savings account holder, full life savings got held up for more than a month, caused a big distress. Still holding the savings account but reduced the amount considerably.
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