Yes Bank shares jump 7%. But is this rally for real?

Yes Bank just surprised the street. On May 9, the stock shot up nearly 7 per cent to Rs 19.46 on the BSE. The spark? A one-two punch of solid FY25 earnings and speculation that Japanese banking giant SMBC might pick up a big stake in the lender. For a stock that's mostly been written off by many in recent years, this move turned heads. What does Yes Bank do again? In case you've tuned out Yes Bank since its fall from grace — here's a quick refresher. It's a private sector bank that caters to retail and corporate clients. After nearly collapsing in 2020 due to bad loans and governance issues, it was b