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Thursday, October 31, 2019

Yes Bank gets $1.2bn binding offer; shares up 30%

Yes Bank said it has received a binding offer for a $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 investors for the capital raise and remains firmly on course to raising growth capital subject to necessary approvals.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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