YES Bank shares down 20% in 1 year. Can RBI’s nod to SMBC deal push the stock towards Rs 23?

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YES Bank shares show recovery signs after RBI approved Sumitomo Mitsui Banking Corporation's stake purchase. While the deal is expected to bring capital infusion and expertise, analysts remain cautiously optimistic, citing structural challenges and resistance levels. Technical indicators suggest a potential upside, but broader trends and regulatory conditions warrant careful consideration for investors.