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Yes Bank's holding firms reportedly paid Rs 700 crore to avoid covenant breach

Updated : November 29, 2018 08:39 AM IST

Yes Bank’s shares have plunged more than 60 percent in 2018 from a high of Rs 404.
The plunge in shares of Yes Bank has triggered worries about mutual fund investments in the non-convertible debentures of holding companies of co-founder Rana Kapoor, said the report.
Yes Bank's holding firms reportedly paid Rs 700 crore to avoid covenant breach

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