Meanwhile, the S&P BSE Sensex was up by 42.76 points or 0.11% to 38,778.34.

On the BSE, 47.23 lakh shares were traded in the counter so far compared with average daily volumes of 78.13 shares in the past two weeks. The stock had hit a high of Rs 99.3 and a low of Rs 95 so far during the day. It hit a 52-week high of Rs 404 on 20 August 2018 and a 52-week low of Rs 85.7 on 8 July 2019.

According to media reports, Yes Bank has received an $850 million-term sheet offer over the weekend by the marquee PE investor. The consortium is comprised of two US-based PE investors and two domestic investors, reports suggested. Yes Bank is in the final stage of stake sale, and the announcement is likely after June quarter results on 17 July, reports added.

Last week, Yes Bank clarified to the bourses that its financial position is sound and stable and its liquidity and operating performance continue to be robust. The bank stated that over the past few weeks, there has been a lot of unfounded speculation about the bank's board and management stability, asset portfolio, future growth prospects among other things. The bank clarified that it strongly refutes such speculations, which it suspects is a deliberate and malicious attempt to create instability in the institution by undermining investor and client confidence. The bank said that it has apprised the authorities of these developments.

Meanwhile, Yes Bank announced the appointment of Rajeev Uberoi as senior group president - governance and controls and Anurag Adlakha as senior group president & head - financial management & strategy.

Further, the bank said that it will consider Q1 June 2019 results on Wednesday, 17 July 2019.

Yes Bank reported a net loss of Rs 1506.64 crore in Q4 March 2019 over a net profit of Rs 1179.44 crore in Q4 March 2018. Total income rose by 17.1% to Rs 8388.23 crore during the period under review.

Yes Bank is engaged in providing a range of banking and financial services.