MoneyWorks4Me

Yes Bank gets nod to raise Rs 10,000 crore via various modes

22 Dec 2021 Evaluate

Yes Bank has received approval for raising of funds for amount up to Rs 10,000 crore by issue of equity shares / depository receipts / convertible bonds / debentures / warrants / any other equity linked securities, through permissible modes, subject to necessary approvals from shareholders/ regulators. The Board of Directors of the Bank in its meeting held on December 21, 2021, inter alia, has considered and approved the same.

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 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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