MoneyWorks4Me

Yes Bank to raise up to Rs 15,000 crore through FPO

09 Jul 2020 Evaluate
Yes Bank has filed a red herring prospectus to raise up to Rs 15,000 crore through issuance of fresh equity shares in its further public offering (FPO). The offer will open on July 15, 2020 and close on July 17, 2020.

Earlier, Yes Bank had received approval from the capital-raising committee (CRC) of its board of directors to raise funds through the 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 692.10
ICICI Bank 1395.00
Axis Bank 1214.05
Kotak Mahindra Bank 430.10
Indusind Bank 835.00
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