NIFTY 50

YES Bank says no to Erwin Braich; scales down fund raising plan

Updated : January 13, 2020 07:31 AM IST

Bank has also scaled down its total fundraising plan to Rs 10,000 crore from Rs 14,000 crore earlier.
London-based Citax which had offered to invest half a billion dollars is still in the fray, a final decision will be taken in the next board meet.
Bank also notified to the exchanges that it will be convening an EGM to obtain shareholder approval for fundraising via various instruments.
Published : January 10, 2020 06:35 PM IST

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