YES Bank shares climbed 6 per cent to Rs 74 on the BSE on Friday ahead of the board meet today to consider fundraising plan. The stock of the private sector lender rallied 17 per cent after the Bank, on Tuesday, said its board will meet on Friday, November 29, 2019, to discuss and consider fundraising by issue of equity/equity linked securities through permissible modes.
The fundraising is subject to necessary shareholders/ regulatory approvals, as applicable, it said. On October 31, YES Bank had informed the exchanges that the bank had received a binding offer from a global investor ...
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