Yes Bank has received approval to raise funds, in one or more tranches, on such terms and conditions as it may deem fit, by way of issuance of securities including but not limited to through qualified institutions placement/ further public issue / rights issue / global depository receipts / American depository receipts / foreign currency convertible bonds or any other permissible mode.
The Capital Raising Committee of the Board of Directors of the Bank at its meeting held on July 7, 2020, has approved raising funds by way of a further public offering.
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.