Yes Bank shares were the top percentage gainer on both benchmark indices Sensex and Nifty, despite continuing weakness in the banking sector.

On Tuesday, Yes Bank shares had plunged as much as 29.92 per cent before closing at their lowest level recorded in over a decade.

The next day, Yes Bank said in a regulatory filing that the steep fall in shares was primarily on account of a forced stake sale by a large shareholder. Yes Bank said its "financial and operating metrics remain intrinsically sound and stable".

Reassuring investors on Thursday, the Yes Bank CEO said the lender has enough liquidity. "We are very stable and the share price movement of recent days should not become a proxy for how the bank gets perceived."

The statement from the CEO came a day after the lender said its liquidity coverage ratio - a measure of highly liquid assets held by a financial institution - was in excess of 125 per cent as on September 30.

Financial institutions are required to maintain a liquidity coverage ratio of 100 per cent.

Yes Bank said on Wednesday that Milestone Trusteeship Services invoked and sold 10 crore of its shares pledged by founder Rana Kapoor.

Milestone Trusteeship Services is the trustee for an issue of bonds by Yes Bank promoter Morgan Credits Private.

In a separate filing the previous day, Yes Bank had said Morgan Credits, founder Rana Kapoor and Yes Capital trimmed their stake by 2.16 per cent.