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Yes Bank lists over 3 cr shares following Rs 4,907 crore QIP

Yes Bank lists over 3 cr shares following Rs 4,907 crore QIP

Wednesday, April 5, 2017, 4:22 PM

Private sector lender Yes Bank said 3.27 crore shares allotted under the QIP have been listed and available for trading on the stock exchanges. The QIP through which the bank raised Rs.4,906.65 crore will boost the capital adequacy to 20%, Yes Bank said. It will ensure the bank is well-positioned to capitalize on the opportunities provided by the reinvigorated economic environment in India.
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