 "YES Bank sees several exits from board ahead of annual general meeting")
Shares of YES Bank moved higher by 35 per cent to Rs 76.40 on the BSE in the intra-day deals on Thursday after the private sector lender said it has received a binding offer of US $1.2 billion from a global investor.
“The bank has received a binding offer from a global investor for an investment of US $ 1.2 billion in the Bank through fresh issuance of equity shares, subject to regulatory approvals/conditions as well as Bank's board and shareholders approvals,” YES Bank said in a regulatory filing. READ FILING HERE
The Bank continues to be
