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Yes Bank gets binding offer of $1.2 billion from Hong Kong's SPGP Holdings, sources say

Updated : November 01, 2019 07:35 AM IST

Yes Bank said, "The Bank continues to be in advanced discussions with other global and domestic investors."
On September 25, 2019, Yes Bank announced its capital raising plans and said it has received "strong interest" from multiple foreign as well as domestic private equity and strategic investors for the capital raise. 
Shares of Yes Bank jumped post the announcement and were trading at Rs 66.80 per piece, up 17.61 percent at 13.16 hours. 
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