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Yes Bank gets shareholder nod to raise  Rs 10,000 crore

Yes Bank gets shareholder nod to raise Rs 10,000 crore

Saturday, February 8, 2020, 4:12 PM

Private sector lender YES Bank has said it has received shareholders' nod to raise capital up to Rs 10,000 crore via issuance of equity shares or other convertible securities. At the Extraordinary General Meeting, the lender has also received approval to increase authorised share capital of the bank to Rs 1,100 crore. The current authorised share capital of the bank is Rs 800 crore.
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