Indian Banking & Finance News
Recently in New Delhi, Yes bank has announced that they have acquired something around 30% of stake in a totally newly owned subsidiary of Reliance power pursuant in order to invocation of pledged shares. All over by now, the bank, Yes bank has acquired the 12,73,21,500 amount of equity shares by having 20 rs each … Read more Yes Bank acquired 30% stake of Reliance Power arm
The board of private lender Yes Bank met on Friday and approved raising of funds of up to ₹10,000 crore in one or more tranches through a qualified institutional placement (QIP), or any other private placement of equity or debt, the bank said. On 30 November, Yes Bank said that a number of investors had shown interest in … Read more Yes bank board gave approval to 10000 crore, but reject Braich’s $1.2 bn offer
Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment banker and founder of DSP Group, are in talks with the Yes Bank Ltd to buy the stakes of 5-10% each in the cash-starved private lender, three people aware of the matter said. As per the sources, both of these businessmen have shown … Read more Yes Bank is in Talks with Munjal and Kothari for 10% Stake each
Private sector lender Yes Bank is looking forward to raise $1.2 billion (about ₹8,462 crore) equity by this December, and wants to give the board seat to new investors, as per the top official of Yes Bank. The Bank has claimed that it may raise the investment from North American family office, which has made … Read more Yes Bank will raise $1.2 billion by December
As per the recent reports, the co founder of the Yes Bank is in talks with Paytm owner Vijar Shekher Sharma to sell him the stakes of the Yes bank. As per the media, Rana Kapoor approached the Paytm owner to sell his and his family’s stakes for Rs. 1800- 2000 crores. The price of … Read more Rana Kapoor to sell Yes Bank’s Stakes to Paytm
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