Abstract

In this paper, the volatile movements in YBL stock prices are being compared with volatility in Nifty50 index for two phases i e, 2019 and 2020 (till 20 March 2020) The paper attempts to take into stock the developments in connection with YBL stock These developments include meetings of capital raising committee in YBL, resignations by top officials, media news of fund diversion, RBI's direction for restricting the extension in the term of the bank's MD & CEO beyond 31 January 2019 All these developments are being explained in detail including the restructuring plans for the bank Interestingly, NIFTY 50 of which YBL has also been the part has not witnessed the same nature of volatility in Phase-I but in Phase-II i e, in the year 2020, NIFTY 50 has crashed badly and primarily due to the emergence of epidemic COVID 19 However, the free fall in the YBL stocks can be attributed to the failure of corporate governance and lack of a proactive role by the regulator © 2020 Innovare Academics Sciences Pvt Ltd All rights reserved

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