MoneyWorks4Me

Yes Bank gets nod to raise Rs 16000 crore via mix of equity, debt

04 Jun 2025 Evaluate

Yes Bank has approved approval for raising of funds by way of issuance of eligible equity securities through various permissible means, provided that aggregate amount to be raised by issuance of such securities shall not exceed Rs 7,500 crore and shall not result in an aggregate dilution of more than 10% (including dilution on account of issuance of equity securities in terms of this item and conversion of any convertible debt securities approved by the board).

The company has also received approval for raising of funds by way of issuance of eligible debt securities in Indian or foreign currency, provided that aggregate amount to be raised by issuance of such securities shall not exceed Rs 8,500 crore and shall not result in an aggregate dilution of more than 10% (including dilution on account of conversion of convertible debt securities in terms of this item and any other issuance of equity securities as approved by the Board), in one or more tranches and/or series, in domestic and /or overseas market.

The Board of Directors of the Bank at its meeting held on June 03, 2025 has inter alia, 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 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
View more..