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Yes Bank gets nod to raise funds through various modes

08 Jul 2020 Evaluate
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.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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