Yes Bank has sold 2,30,655 equity shares having nominal value of Rs 100 each, constituting 30% of the paid-up share capital of Valecha Investments (VIPL). Earlier the bank had acquired shares in VIPL by way of invocation of pledge, resulting into a change in holding of the bank by more than 2% of the total shareholding of VIPL.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
