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.