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Yes Capital sells 1.8% stake in Yes Bank

27 Sep 2019 Evaluate

Yes Capital (India) (YCPL), part of the Promoter Group of Yes Bank, has sold 1.8% shareholding in the Bank. The proceeds will be utilized to Prepay Entire (100%) balance outstanding Non-Convertible Debentures (NCDs) of YCPL subscribed by various schemes of Franklin Templeton Asset Management (India).

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 720.95
ICICI Bank 1353.10
Axis Bank 1233.35
Kotak Mahindra Bank 413.25
Indusind Bank 963.70
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