Live
- Avoid challenging constitutional institutions: VP Dhankhar
- Maha polls: BJP hurls questions at INDIA bloc amid Ulema Board's conditional support to MVA
- Regional rural banks must empower MSMEs via flagship govt schemes: FM Sitharaman
- Jemimah Rodrigues credits backing from Brisbane Heat teammates for classy 61-run knock
- Stalin in Virudhunagar district as part of statewide tour to monitor govt schemes
- BJP's politics of development immensely benefitted Muslims in last 10 years: Sarbananda Sonowal
- BRIC to drive research synergy, transform power of science, tech & innovation: Centre
- Train services remain disrupted in some NE states due to railway track damage
- ISL 2024-25: Chennaiyin FC, Mumbai City share spoils in milestone 1000th league game
- Keshav Chandra takes oath as NDMC chairman
Yes Bank board to discuss raising funds on Jan 22
YES bank
Yes Bank on Monday said that its Board of Directors will consider raising funds by issuing equity shares, depository receipts or debentures among other options, in its meeting on January 22.
Mumbai:Yes Bank on Monday said that its Board of Directors will consider raising funds by issuing equity shares, depository receipts or debentures among other options, in its meeting on January 22.
Its board will also consider and approve the results for the quarter ended December on January 22.
In a regulatory filing, the bank said that its board of directors will consider raising of funds by "issue of equity shares/depository receipts/convertible bonds/debentures/warrants/any other equity linked securities, through permissible modes subject to necessary shareholders/ regulatory approvals, as applicable."
Last year the restructured bank raised Rs 15,000 crore through follow-on public offering.
Banks across public and private sectors have been strengthening their capital buffer amid the pandemic to sail through the tough times.
Around 2 p.m., its shares on the BSE were trading at Rs 17.75, higher by 0.57 per cent from its previous close.
