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YES Bank files prospectus with RoC to raise up to Rs 15,000 cr via FPO

Restates accounts for last three years, but no impact on bottom line

YES Bank | EPFO | Registrar of Companies

Dev Chatterjee & Krishna Kant  |  Mumbai 

YES Bank
The bank has reported net loss of Rs 16,418 crore in fiscal year ending March 2020

has filed its prospectus with the (RoC) to raise about Rs 15,000 crore by launching a follow-on offer. The offer price band is likely to be in the Rs 12-15 range, and the offer might be launched as early as next week, said banking sources.



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First Published: Tue, July 07 2020. 20:35 IST