Yes Bank plans to raise $1.2 billion to boost capital, says CEO Ravneet Gill
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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