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Yes Bank receives $1.2 billion binding offer from global investor

The investment of $1.2 billion is via fresh issue of shares

Reuters  |  Bengaluru 

YES Bank Photo: Reuters
YES Bank Photo: Reuters

India's private sector lender Ltd said on Thursday it has received a binding offer from a global investor for an investment of $1.2 billion via fresh issue of shares.

The bank said it was in advanced talks with other investors.

First Published: Thu, October 31 2019. 13:46 IST