Yes Bank has received a binding offer for a $1.2-billion (approximately 8,500 crore) funding from an overseas investor through fresh issuance of equity shares. The fund raise is subject to regulatory approvals and bank's board and shareholders approvals. The bank also continues to be in advanced discussions with other global and domestic investors.
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.