Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?

Shares of Yes Bank jumped over 4% on Wednesday after Citi, Morgan Stanley and other brokerages highlighted that the private lender will likely be one of the key beneficiaries of the newly announced charges on select UPI transactions above Rs 2,000.Yes Bank shares jumped to Rs 24.10 apiece on the NSE