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Yes Bank acquires over 5% stake in liAS

03 Mar 2016 Evaluate

Yes Bank has acquired over five percent stake in Institutional Investor Advisory Services (liAS). The bank has acquired 500,750 equity shares of liAS from BSE. IiAS is a proxy advisory firm, dedicated to providing participants in the Indian market with independent opinion, research and data on corporate governance issues as well as voting recommendations on shareholder resolutions.

Yes Bank is a new age private sector bank. The bank offers a full-range of client-focused corporate banking services, including working capital finance, specialized corporate finance, trade and transactional services, treasury risk management services, investment banking solutions etc.

Peers
Company Name CMP
HDFC Bank 705.65
ICICI Bank 1317.00
Axis Bank 1225.50
Kotak Mahindra Bank 414.55
Indusind Bank 883.40
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