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YES Bank set to raise up to Rs 10,000 cr, won't proceed with Braich offer

The bank also said it would not proceed with a $1.2 billion offer from Canadian investor Erwin Singh Braich and SPGP Holdings announced earlier

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YES Bank

Reuters 

Yes Bank Ltd said on Friday it would raise up to Rs 100 billion ($1.41 billion) through the issue of new securities. The bank also said it would not proceed with a $1.2 billion offer from Canadian investor Erwin Singh Braich and SPGP Holdings announced earlier.

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First Published: Fri, January 10 2020. 21:49 IST
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