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Yes Bank CEO Ravneet Gill on raising $2 billion, investors, promoter stake and growth opportunities

Updated : December 01, 2019 11:08 AM IST

Yes Bank CEO Ravneet Gill said investors will be locked in for 1-year period, which is big validation for the bank.
He said the preferred allotment will be at around Rs 78 per share. According To Sebi's 26-week formula, It's at a premium to current share price.
Gill noted that there is no negative feedback from RBI on investor quality and the bank is confident of their ability to provide funds.
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