Yes Bank gets USD 1.2-bn binding offer from global investor
5 years, 2 months ago

Yes Bank gets USD 1.2-bn binding offer from global investor

India TV News  

Private sector Yes Bank on Thursday said it has received a binding offer for a USD 1.2-billion funding from an overseas investor through fresh issuance of equity shares. Last month, the bank had informed stock exchanges that it had received strong interest from multiple foreign as well as domestic private equity and strategic investors for the capital raise and remains firmly on course to raising growth capital subject to necessary approvals. "The bank would like to inform that it has now received a binding offer from a global investor for an investment of USD 1.2 billion in the bank through fresh issuance of equity shares," it said on Thursday. The troubled private sector lender had said that it was looking for capital either from a private equity investor or a strategic investor or family office.

Bank Usd Global Investor Equity Investor  offer  global  binding  capital  bank  received  yes  gets  equity  investor  12bn  usd  private

History of this topic

Yes Bank Share Price Today on 26-11-2024: Yes Bank share price are up by 5.62%, Nifty down by -0.07%
1 month, 3 weeks ago

Yes Bank Share Price Today on 26-11-2024: Yes Bank share price are up by 5.62%, Nifty down by -0.07%

Live Mint  

Yes Bank Share Price Today on 26-11-2024: At 26 Nov 11:00 today, Yes Bank shares are trading at price ₹20.29, 5.62% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report
5 months ago

SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report

Hindustan Times  

State Bank of India is reportedly aiming to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees currently in smaller rival Yes Bank, four sources with direct knowledge said. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in …

Yes Bank Q1 Results: Net Profit Jumps 46% to Rs 502 Crore on Lower Provisions
5 months, 3 weeks ago

Yes Bank Q1 Results: Net Profit Jumps 46% to Rs 502 Crore on Lower Provisions

News 18  

Yes Bank Q1 Results: Private sector lender Yes Bank on Saturday reported a bigger-than-expected 46 per cent jump in standalone net profit to Rs 502 Crore, helped by a drop in loan-loss provisions and robust loan growth. The Mumbai-based private lender’s standalone net profit had stood at Rs 343 crore in the corresponding period last year. Yes Bank’s provisions and …

Yes Bank’s $5 billion stake said to attract lenders from the Middle East, Japan
6 months ago

Yes Bank’s $5 billion stake said to attract lenders from the Middle East, Japan

Live Mint  

New Delhi: First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in India’s Yes Bank Ltd, according to Bloomberg. The Middle Eastern lender is weighing a bid for as much as a 51% stake in YES Bank, the people said, asking not to be identified as the deliberations are private. Private lender YES Bank …

Yes Bank clarifies on ‘stake sale’ report, calls it ‘factually incorrect’; stock up 2.5%
6 months, 1 week ago

Yes Bank clarifies on ‘stake sale’ report, calls it ‘factually incorrect’; stock up 2.5%

Live Mint  

Yes Bank share price rose about 2.5% on Tuesday's session after the most prominent private lender explained that the news regarding the sale of the 51% interest is solely speculative and is factually incorrect. A media reportstated that the RBI had granted its in-principle clearance for up to 51% of Yes Bank's shares to be purchased by a suitable new …

Yes Bank share price rises 8% today after strong Q4 results
8 months, 2 weeks ago

Yes Bank share price rises 8% today after strong Q4 results

Hindustan Times  

Yes Bank share price: Shares of Yes Bank opened upside at ₹27.50 apiece on NSE and went on to touch an intraday high of ₹28.55 per share after the opening bell today. Yes Bank share price went on to touch an intraday high of ₹ 28.55 per share on April 29. Yes Bank share price today Shares of YES Bank …

YES Bank Shares Jump 8% On Strong Q4 Results
8 months, 2 weeks ago

YES Bank Shares Jump 8% On Strong Q4 Results

News 18  

Private sector lender YES Bank‘s shares on Monday saw a strong jump on the back of heavy buying after its strong Q4 FY24 results. Private sector lender YES Bank on Saturday reported a 124 per cent surge year-on-year in its net profit to Rs 454 crore for the March 2024 quarter. Its net interest income during January-March 2024 rose 2.3 …

Yes Bank share price jumps 10% on clarification of startup partnership
11 months, 1 week ago

Yes Bank share price jumps 10% on clarification of startup partnership

Live Mint  

Yes Bank share price jumped nearly 10% to touch a 52-week high on Thursday's session the private lender provided clarification that the agreement it has with a startup, which was previously revealed by the media, is still in its early stages and would not significantly affect the bank's business volumes or revenues. Yes Bank share price today opened at ₹31.18 …

YES bank rallies over 9.50 per cent amid reports of SBI offloading shares worth Rs 5,000-7,000 crore
11 months, 1 week ago

YES bank rallies over 9.50 per cent amid reports of SBI offloading shares worth Rs 5,000-7,000 crore

India TV News  

Shares of YES Bank rallied 9.70 per cent to a 52-week high of Rs 32.70 on reports of the State Bank of India offloading its entire stake. Currently, the SBI Consortium holds a 32.70 per cent stake in YES Bank, with LIC holding 4.34 per cent and Axis Bank 2.57 percent. The surge in YES Bank shares by 26 per …

Yes Bank shares cheer New Year after receipt of ₹150 crore from bad loan sale
1 year ago

Yes Bank shares cheer New Year after receipt of ₹150 crore from bad loan sale

Live Mint  

Stock market today: Yes Bank shares witnessed buying interest in early morning deals on first trade session of the new year 2024. According to stock market experts, Yes Bank share price today witnessed upside movement after the private lender's declaration to receive ₹150 crore from a single trust in Security Receipts Portfolio after NPA portfolio sale. On triggers that fueled …

Yes Bank shares jump 6% after NPA portfolio update. Details here
1 year, 2 months ago

Yes Bank shares jump 6% after NPA portfolio update. Details here

Live Mint  

Stock market today: Despite weak market sentiments, Yes Bank shares are attracting strong buying interest during Monday deals. According to stock market experts, Yes Bank share price today skyrocketed after the positive update on sale of NPA portfolio. Yes Bank share news On reason that has fueled Yes Bank share price today, Avinash Gorakshkar, Head of Research at Profitmart Securities …

Yes Bank shares jump 9% today. Here’s why
1 year, 8 months ago

Yes Bank shares jump 9% today. Here’s why

Live Mint  

Shares of Yes Bank Limited gained over 9 per cent during intraday trade on Tuesday ahead of the private sector lender's quarterly results later this week. SBI – Yes Bank's biggest shareholder with a 26.14 per cent stake in Yes Bank as of 31 December 2022, as per regulatory data – and other lenders had acquired the bank's shares for …

Yes Bank share price drops 7%. What investors should do?
1 year, 10 months ago

Yes Bank share price drops 7%. What investors should do?

Live Mint  

Yes Bank shares: Due to end of three year lock-in of ICICI Bank, HDFC Bank, IDFC First Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank, etc. in Monday morning deals, Yes Bank shares opened downside and hit intraday low of ₹14.40 apiece levels, around 12.50 per cent lower from its Friday close of ₹16.50 apiece on NSE. They said that …

Stocks to Watch: Happiest Minds, HPCL, YES Bank, Edelweiss Financial Services, and Others
1 year, 10 months ago

Stocks to Watch: Happiest Minds, HPCL, YES Bank, Edelweiss Financial Services, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. Separately, SB Adani Family Trust offloaded 5.56 crore equity shares in Adani Green Energy via open market transactions at an average price of Rs 504.6 per share, amounting to Rs 2,805.6 crore. However, Goldman Sachs Trust II-Goldman Sachs GQG Partners International Opportunities Fund bought …

Yes Bank Shares Fall Over 16% in 2023; Should you Buy, Hold or Sell?
1 year, 11 months ago

Yes Bank Shares Fall Over 16% in 2023; Should you Buy, Hold or Sell?

News 18  

Yes Bank Share Price: Shares of YES Bank have been under pressure after climbing to its 52-week high of Rs 24.75 on 13 December, 2022. In these near one month time, Yes Bank shares have tumbled to the tune of 30 per cent whereas in YTD time, it has nosedived over 16 per cent. Giving Yes Bank shareholders to hold …

Yes Bank Shares Fall Over 26% From 52-Week High; Should you Buy, Hold or Sell?
2 years ago

Yes Bank Shares Fall Over 26% From 52-Week High; Should you Buy, Hold or Sell?

News 18  

Yes Bank Share Price: Private sector Yes Bank reached a record high of one year about 10 days ago. In last ten days, Yes Bank shares have fallen to the tune of Rs 18.20 per share on NSE, logging more than 26 per cent dip after climbing to its 52-week peak. further direction.” Highlighting the reasons that led to the …

Yes Bank share price jumps after sale of NPA to JC Flowers. Buy, sell or hold?
2 years ago

Yes Bank share price jumps after sale of NPA to JC Flowers. Buy, sell or hold?

Live Mint  

Yes Bank shares jump by over 4 per cent in early morning deals on Monday session. Yes Bank share price today opened with an upside gap and went on to hit intraday high of ₹22.10 apiece on NSE, logging around 4.25 per cent rise in stock market's opening bell today. According to stock market experts, Yes Bank shares are rising …

Yes Bank raises $1.1 billion, expansion plans on table
2 years, 5 months ago

Yes Bank raises $1.1 billion, expansion plans on table

Live Mint  

Two years after India's central bank had to step in to take control of Yes Bank to calm panicky depositors and stem systemic risk, the lender is aiming to expand its loan book and acquire smaller rivals to revive its business, its chief executive said. Yes Bank is looking to increase its loan book by 15% in the fiscal year …

Yes Bank’s capital raise welcome, but challenges remain: Analysts
2 years, 5 months ago

Yes Bank’s capital raise welcome, but challenges remain: Analysts

Live Mint  

Indian private lender Yes Bank's $1.1 billion capital raise will help strengthen its balance sheet and provide it with growth capital, but it may not be an easy road ahead for the bank as the focus shifts to accelerating growth, say analysts. On Friday Yes Bank announced that it is selling up to a 10% stake to U.S. private equity …

Yes Bank share price rises 18% in a month. What is driving banking stock?
2 years, 5 months ago

Yes Bank share price rises 18% in a month. What is driving banking stock?

Live Mint  

Yes Bank shares have been in uptrend for last few sessions. Similarly, in last one month Yes Bank share price has surged from ₹12.65 to ₹15 apiece levels, delivering more than 18 per cent return to its shareholders in this time horizon. According to stock market experts, Yes Bank shares are rising due to the private lenders announcement in regard …

Yes Bank raises $1.1 billion from Carlyle, Advent
2 years, 5 months ago

Yes Bank raises $1.1 billion from Carlyle, Advent

The Hindu  

Yes Bank on Friday announced it was raising equity capital of $1.1 billion from funds affiliated with private equity investors Carlyle and Advent International, with each investor acquiring up to a 10% stake in the bank. “The capital raise will further bolster the capital adequacy of Yes Bank and aid the bank’s medium to long term sustainable growth objectives,” Yes …

Yes Bank shares gain nearly 4% after ratings upgrade
4 years, 5 months ago

Yes Bank shares gain nearly 4% after ratings upgrade

Live Mint  

Shares of Yes Bank on Tuesday gained nearly 4% after Moody's Investors Service said it has upgraded the company's long-term foreign currency issuer rating by a notch. Moody's Investors Service on Monday said it has upgraded Yes Bank's long-term foreign currency issuer rating by a notch to 'B3' from 'Caa1' after a ₹15,000-crore capital raising. "Moody's has upgraded the bank's …

Yes Bank to raise up to Rs 15,000 crore through FPO; offer to open on July 15
4 years, 6 months ago

Yes Bank to raise up to Rs 15,000 crore through FPO; offer to open on July 15

India TV News  

Private sector lender Yes Bank on Thursday said it 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. "The bank has filed a red herring prospectus dated July 7, 2020, in connection with the offer, with the Registrar of Companies, Maharashtra at Mumbai," Yes Bank …

Yes Bank plans to raise ₹8,000 crore through rights issue
4 years, 6 months ago

Yes Bank plans to raise ₹8,000 crore through rights issue

Live Mint  

Yes Bank Ltd. is planning to raise at least ₹8000 crore in a public offering of shares to boost its capital, according to people familiar with the matter. That could help Yes Bank raise its Tier-1 core capital ratio to around 10%, from 6.3% as of end-March, said the people, who asked not to be identified as the information is …

Four private lenders join Yes Bank rescue
4 years, 10 months ago

Four private lenders join Yes Bank rescue

The Hindu  

Private sector lenders, including ICICI Bank and HDFC, will pick up stake in the troubled private sector lender Yes Bank. While ICICI Bank and HDFC said they would invest ₹1,000 crore each in Yes Bank for about 5% stake each, Axis Bank pegged its investment at ₹600 crore and Kotak Mahindra Bank at ₹500 crore. In a notification to the …

Yes Bank: CBI registers case against founder Rana Kapoor
4 years, 10 months ago

Yes Bank: CBI registers case against founder Rana Kapoor

India TV News  

Central Bureau of Investigation has filed a case against Rana Kapoor, former Managing Director and CEO of Yes Bank. Rana Kapoor is also the founder of Yes Bank. It is alleged that the bungalow on Amrita Shet Gill Marg was acquired through M/s Bliss Abode pvt ltd. where Rana Kapoor's wife was one of the directors. 685 crore Rana Kapoor …

Yes Bank crisis: ICICI Bank, HDFC, Axis, Kotak to infuse Rs 3,100 cr in crippled private lender as part of bailout plan
4 years, 10 months ago

Yes Bank crisis: ICICI Bank, HDFC, Axis, Kotak to infuse Rs 3,100 cr in crippled private lender as part of bailout plan

Firstpost  

ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank will together invest Rs 3,100 crore as part of the RBI’s reconstruction plan for the crisis-hit lender, according to the regulatory filings ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank will together invest Rs 3,100 crore as part of the RBI’s reconstruction plan for the crisis-hit Yes Bank, according to …

ICICI Bank approves Rs 1,000 crore investment in Yes Bank
4 years, 10 months ago

ICICI Bank approves Rs 1,000 crore investment in Yes Bank

India TV News  

In a major boost to Yes Bank revival plan, the ICICI Bank on Friday approved Rs. Earlier, The Union Cabinet on Friday approved re-construction scheme for Yes Bank under which SBI will acquire 49 per cent stake in the crisis-ridden private sector bank. Meanwhile, shares of Yes Bank on Friday rose by 2 per cent after State Bank of India …

SBI board okays share purchase in Yes Bank for Rs 7,250 crore
4 years, 10 months ago

SBI board okays share purchase in Yes Bank for Rs 7,250 crore

India TV News  

The State Bank of India on Thursday said that its Executive Committee of Central Board has approved the purchase of 725 crore shares in Yes Bank at Rs 10 per share, which adds up to an investment of Rs 7,250 crore. "Executive Committee of Central Board at its meeting held on 11.03.2020 accorded approval for purchase of 725 crore shares …

The cost of a yes to a bank rescue act
4 years, 10 months ago

The cost of a yes to a bank rescue act

The Hindu  

The revival package announced by the Reserve Bank of India to rescue insolvent Yes Bank smacks of desperation. Even before undertaking due diligence, SBI Chairman Rajnish Kumar has announced that his bank is willing to outlay as much as ₹10,000 crore to recapitalise ailing Yes Bank and restore it to health. Data | The Yes Bank crisis explained in six …

Yes Bank debt writedown to hit sector capital-raising; some investors plan to challenge central bank’s move: Analysts
4 years, 10 months ago

Yes Bank debt writedown to hit sector capital-raising; some investors plan to challenge central bank’s move: Analysts

Firstpost  

Yes Bank had about Rs 8,800 crore in AT1 capital as of March 2019, its annual report showed, under the Basel III framework. Mumbai/Hong Kong: The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and analysts …

SBI to pick up 49 per cent stake in Yes Bank
4 years, 10 months ago

SBI to pick up 49 per cent stake in Yes Bank

India TV News  

State Bank of India will pick up 49 per cent stake in the crisis-ridden Yes Bank under a government-approved bailout plan, with Finance Minister Nirmala Sitharaman assuring that depositors' money is safe. A day after imposing moratorium on Yes Bank and restricting withdrawals, the RBI on Friday evening issued a draft reconstruction scheme for the private sector lender and said …

One rupee: The value that foreign brokerages attach to the YES Bank stock
4 years, 10 months ago

One rupee: The value that foreign brokerages attach to the YES Bank stock

Business Standard  

One rupee: The value that foreign brokerages attach to the YES Bank stock Macquarie Capital Securities also said if State Bank of India decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired Premium YES Bank’s shares soared 26 per cent to Rs 36.85 on Thursday after …

Yes Bank put under moratorium till April 3
4 years, 10 months ago

Yes Bank put under moratorium till April 3

The Hindu  

The government has put private sector lender Yes Bank under moratorium till April 3 and capped the deposit withdrawal at ₹50,000 after severe deterioration of the bank’s financial position. Following the moratorium, the Reserve Bank of India superseded the board of the bank and appointed Prashant Kumar, the deputy managing director and chief financial officer of State Bank of India, …

SBI to buy stake in Yes Bank, announcement expected soon: Report
4 years, 10 months ago

SBI to buy stake in Yes Bank, announcement expected soon: Report

Live Mint  

The Indian government has approved a plan for the nation’s biggest lender, State Bank of India, to lead a consortium that will buy a stake in troubled Yes Bank Ltd., according to people with knowledge of the matter. Representatives for Yes Bank and State Bank didn’t immediately reply to emails seeking comment. Yes Bank’s shares jumped 12.8% in Mumbai on …

Yes Bank shares jump over 6% after company said management is 'deeply engaged' in fund raising exercise
4 years, 11 months ago

Yes Bank shares jump over 6% after company said management is 'deeply engaged' in fund raising exercise

Firstpost  

New Delhi: Shares of Yes Bank on Thursday jumped over 6 percent after the company said the management is “deeply engaged” in fund raising exercise. Yes Bank on Wednesday said the financial results for the third quarter ended December 2019 will be delayed and is expected by mid-March as the management is “deeply engaged” in fund raising exercise. Given that …

Yes Bank CEO taps his ’mentor’ to raise $2 bn funds
4 years, 11 months ago

Yes Bank CEO taps his ’mentor’ to raise $2 bn funds

Live Mint  

Yes Bank Ltd. has picked Cantor Fitzgerald LP, IDFC Securities Ltd. and Ambit Pvt. Yes Bank, staggering under the weight of soured loans, has been plagued by worries about its asset quality and uncertainty about efforts to raise new capital. Yes Bank, led by Chief Executive Officer Ravneet Gill, has lost more than 80% of its market value in the …

Yes Bank shares extend falling streak for fifth straight session, plunge over 15% on capital infusion concerns
5 years, 1 month ago

Yes Bank shares extend falling streak for fifth straight session, plunge over 15% on capital infusion concerns

Firstpost  

On the National Stock Exchange, the Yes Bank scrip tanked 13.85 percent to end at Rs 43.55. New Delhi: Shares of Yes Bank on Wednesday dived more than 15 percent due to uncertainty over its $2-billion fundraising plan, extending the falling streak for the fifth straight session. #MarketAtClose | YES BANK sheds 15% to ends at 2-month low after inconclusive …

Yes Bank shares continues to drop: Stock tanks nearly 15% after falling 10% on bourses on Tuesday over fundraising concern
5 years, 1 month ago

Yes Bank shares continues to drop: Stock tanks nearly 15% after falling 10% on bourses on Tuesday over fundraising concern

Firstpost  

Shares of Yes Bank on Wednesday tanked nearly 15 percent in the morning trade following uncertainty over its $2-billion fundraising plan New Delhi: Shares of Yes Bank on Wednesday tanked nearly 15 percent in the morning trade following uncertainty over its $2-billion fundraising plan. The shares on Tuesday closed with over 10 percent loss amid reports the bank was likely …

Yes Bank’s line-up of little-known suitors raises more questions
5 years, 1 month ago

Yes Bank’s line-up of little-known suitors raises more questions

Live Mint  

Mumbai: Yes Bank Ltd’s proactive disclosure of potential investors attracted scrutiny on Monday, with analysts questioning the quality of suitors who have promised a total of $2 billion. The largest investor listed by Yes Bank is Erwin Singh Braich/SPGP Holdings offering $1.2 billion, followed by $500 million from Citax Holdings & Citax Investment Group. The brokerage said it doubts Reserve …

Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender
5 years, 1 month ago

Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender

Firstpost  

New Delhi: Shares of Yes Bank on Monday climbed over 3 percent after the company said eight investors have evinced interest to pump $2 billion into the capital-starved private sector lender. Ending weeks of suspense, Yes Bank on Friday said eight investors led by Erwin Singh Braich have evinced interest to pump $2 billion into the lender. The investors who …

Yes Bank claims of an investment offer worth $2 billion
5 years, 1 month ago

Yes Bank claims of an investment offer worth $2 billion

Live Mint  

Mumbai: Fund-scouting private lender Yes Bank Ltd., on Friday late evening said after a board meeting that a number of investors have evinced interest to buy Yes Bank equities worth a total of $2 billion via a preferential allotment of shares. Yes Bank said these investors include Discovery Capital, Ward Ferry, family offices of Aditya Birla Family and GMR Group …

Yes Bank shares zoom over 8% on fund raising plans; lender's market-cap rises by Rs 1,238 cr
5 years, 1 month ago

Yes Bank shares zoom over 8% on fund raising plans; lender's market-cap rises by Rs 1,238 cr

Firstpost  

New Delhi: Shares of Yes Bank jumped over 8 percent on Wednesday ahead of its board meeting later this week to consider raising of funds. The scrip advanced 7.65 percent to close at Rs 68.25 on the BSE. Led by the rally in the scrip, the company’s market valuation rose by Rs 1,237.97 crore to Rs 17,406.97 crore on the …

Investors ignore Yes Bank’s blast from the past on hope of capital infusion
5 years, 1 month ago

Investors ignore Yes Bank’s blast from the past on hope of capital infusion

Live Mint  

Mumbai: Yes Bank Ltd investors should be used to bad news and false hopes by now. The bank in an exchange filing on Tuesday said that it under-reported gross bad loans by more than ₹3,000 crore and that the regulator assessed its bad loan addition at ₹11,159 crore for the year. This is the third fiscal year that Yes Bank …

Rakesh Jhunjunwala buys Yes Bank shares worth ₹87 crore
5 years, 2 months ago

Rakesh Jhunjunwala buys Yes Bank shares worth ₹87 crore

Live Mint  

Ace stock market investor Rakesh Jhunjunwala on Monday bought Yes Bank shares worth ₹87 crore, according to data from stock exchanges. On Friday evening, Yes Bank chief executive Ravneet Gill said that the bank has non-binding offers from two domestic mutual funds, six global private equity firms, two Indian financial investors and two Indian family offices. The bank which reported …

Yes Bank shares plunge 15 per cent after Quarter 2 net loss; recovers most of losses later
5 years, 2 months ago

Yes Bank shares plunge 15 per cent after Quarter 2 net loss; recovers most of losses later

India TV News  

Shares of Yes Bank on Monday plunged about 15 per cent after the company reported a consolidated net loss of Rs 629.1 crore for the September quarter. Later, it witnessed some recovery and was trading at Rs 66.20, 0.60 per cent lower on the BSE in afternoon trade. Yes Bank on Friday reported a consolidated net loss of Rs 629.1 …

Yes Bank plans to raise $1.2 bn by December, give board representation to new investors
5 years, 2 months ago

Yes Bank plans to raise $1.2 bn by December, give board representation to new investors

Firstpost  

Yes Bank said it may raise the money either through the North American family office, which has made a binding offer to pump $1.2 billion, or through a combination of investors. Mumbai: Private sector lender Yes Bank is aiming to finish a $1.2 billion equity raising exercise by December and willing to give new investors a board seat, according to …

Yes Bank to raise $1.2 bn by Dec, give board representation to new investors
5 years, 2 months ago

Yes Bank to raise $1.2 bn by Dec, give board representation to new investors

Live Mint  

Private sector lender Yes Bank is aiming to finish a $1.2 billion equity raising exercise by December and willing to give new investors a board seat, according to a top official. The bank, which has claimed that it is in discussions with potential suitors who are willing to pump in up to $3 billion collectively, said it may raise the …

Yes Bank says it has $3 billion worth of offers on table
5 years, 2 months ago

Yes Bank says it has $3 billion worth of offers on table

Live Mint  

Mumbai: Private sector lender Yes Bank has received offers of $3 billion from potential investors, including the recently-announced $1.2 billion from a North American family office, said Ravneet Gill, chief executive of the bank. Speaking to a small group of reporters late on Friday evening, Gill said that the bank has non-binding offers from two domestic mutual funds, six global …

Yes Bank shares zoom over 38% after lender receives $1.2 bn funding proposal from overseas investor
5 years, 2 months ago

Yes Bank shares zoom over 38% after lender receives $1.2 bn funding proposal from overseas investor

Firstpost  

Shares of Yes Bank on Thursday rallied over 38 percent after the lender said it had received a binding offer for $1.2 billion funding from an overseas investor Shares of Yes Bank on Thursday rallied over 38 percent after the lender said it had received a binding offer for $1.2 billion funding from an overseas investor. YES BANK extends gains …

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