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Yes Bank to consider $500 million investment offer of Citax

11 Dec 2019 Evaluate

Yes Bank’s board is planning to consider the offer of $500 million investment of Citax Holdings and Citax Investment Group. The $1.2 billion binding offer of Erwin Singh Braich/SPGP Holdings continues to be under the board's consideration.

The board decided that the final decision regarding allotment to Citax Holdings and Citax Investment Group will follow in the next board meeting, subject to requisite regulatory approval.

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 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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