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Yes Bank woos Microsoft, two other tech firms for a strategic investment
October 6, 2019 | By Livemint.com
business
Yes Bank could sell as much as 15% through a fresh equity issuance if the talks are productive.The ailing lender has said that it doesn’t mind if raising capital results in a large stake dilution
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Mumbai: Private lender Yes Bank is in talks with three top technology companies, including Microsoft Corp., to induct one of them as a strategic shareholder as part of the banks strategy to get fresh capital infusion and augment its digital ambitions, two peo
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