MoneyWorks4Me

Yes Bank planning to raise funds

28 Aug 2019 Evaluate

Yes Bank is planning to raise funds by way of issuance of equity shares including but not limited through preferential issue and/ or Qualified Institutions Placement (QIP)/ Global Depository Receipts (GDRs)/ American Depository Receipts (ADRs)/ Foreign Currency Convertible Bonds (FCCBs)/ fully or partially convertible debentures/ convertible Preference shares/ any other financial instruments or securities convertible into Equity Shares or any other instrument on private placement basis.

The meeting of the Board of Directors of the Bank is scheduled to be held on August 30, 2019, to consider the same.

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.

Peers
Company Name CMP
HDFC Bank 718.45
ICICI Bank 1356.90
Axis Bank 1231.45
Kotak Mahindra Bank 413.90
Indusind Bank 965.25
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