Yes Bank’s board has approved a proposal to raise funds for an additional amount aggregating up to Rs 5,000 crore. The fund may be raised in one or more tranches by way of issuance of securities but not limited to through a qualified institutions placement/ public issue, rights issue, global depository receipts, American depository receipts, foreign currency convertible bonds or any other permissible mode. The board meeting held on March 26, 2020 has cleared this proposal.
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.
