Yes Bank gains as board to mull fund raising on 29 July

27 Jul 2022 , 11:49 AM

The private lender plans raising fund by way of rights issue, preferential allotment, qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate, by way of issue of equity shares, convertibles and / or any other eligible securities. Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. The bank reported 50.2% jump in standalone net profit to Rs 310.63 crore on 9.7% increase in total income to Rs 5,916.28 crore in Q1 FY23 over Q1 FY22. Powered by Capital Market – Live News