YES Bank shares settle 15% lower due to uncertainties over fundraising
Updated : December 11, 2019 03:43 PM IST
YES Bank’s share slipped over 19 percent on Wednesday, as uncertainties prevail over its abilities to raise $2 billion.
At 12:15 pm, the bank's share was trading 16.42 percent lower at Rs 42.25 on the NSE.
YES Bank informed the exchanges that Srinivas Solaraj-led Citax Holdings and Citax Investment Group have made an offer to invest $500 million.