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Yes Bank gets shareholders’ nod for raising Rs 10,000 crore capital

03 Mar 2021 Evaluate

Yes Bank’s shareholders have approved a proposal for raising Rs 10,000 crore capital with the requisite majority. As many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities.

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 706.95
ICICI Bank 1319.10
Axis Bank 1225.90
Kotak Mahindra Bank 416.70
Indusind Bank 886.85
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