Yes bank has sold 1,66,50,000 equity shares having nominal value of Rs 2 each, constituting 2.66% of the paid-up share capital of CG Power & Industrial Solutions (CG Power) in various tranches, last being on July 07, 2020 resulting into a change in holding of the Bank by more than 2% of the total shareholding of CG Power.
After the aforesaid disposal of shares, the Bank now holds 6,34,00,000 shares of CG Power, being 10.12% of the paid-up share capital of CG Power.
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.
