The stock gained 2.1 per cent to Rs 1,062.20 on BSE.
On NSE, it jumped 2.14 per cent to Rs 1,062.40.
"Yes Bank has executed a share subscription and shareholders' agreement agreeing to subscribe for 20,00,000 equity shares of RXIL," it said in a BSE filing yesterday.
The bank said the subscription is equivalent to 8 per cent of the post-issue paid-up capital of RXIL.
RXIL is a joint venture company set up by NSE Strategic Investment Corporation and Small Industries Development Bank of India (SIDBI).
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