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Yes Bank plans to raise $1.2 billion to boost capital, says CEO Ravneet Gill
June 17, 2019 | By Livemint.com
business
The lender plans to raise the money over 18 months.Analysts have been downgrading Yes Bank’s stock on concerns over the extent of further deterioration in asset quality:
Yes Bank Ltd.plans to raise $1.2 billion over 18 months to bolster its capital buffer through a mix of public and private share sales, Chief Executive Officer Ravneet Gill said. The number one priority would be raising capital," Gill said in an interview on ...
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