Yes Bank has received approval to raise upto $2 billion through preferential allotment. Three institutional investors and five family offices have individually expressed interest to subscribe to equity shares of the Bank for an aggregate amount of $2 billion which shall be undertaken on a preferential allotment basis. The Board of Directors of the Bank at its meeting held on November 29, 2019 has approved 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.
