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 has filed its prospectus with the Registrar of Companies (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.

The issue has been filed under the fast-track issues norms, under which companies that meet certain criteria can proceed with the issue by filing a copy of the prospectus with the RoC or letter of offer with stock exchanges and the Securities and Exchange Board of India (Sebi).

The bank