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YES Bank down for third straight day; stock trades near one-month low

the bank announced, on Friday evening, that its board had agreed to raise $2 billion from an assortment of investors

YES Bank
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SI Reporter Mumbai
Shares of YES Bank were trading lower for the third day in a row, down 5 per cent at Rs 60.65 on Tuesday on concerns over  the uncertainty regarding equity capital fund infusion.

The stock of the private sector lender is trading close to its one-month low price of Rs 59.95. In the past three trading days, the stock has fallen 13 per cent after the bank announced, on Friday evening, that its board had agreed to raise $2 billion from an assortment of investors.

Of this, $1.2 billion will come from Canada-based businessman Erwin Singh Braich and