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Yes Bank board to mull fund raising on Dec. 21

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Capital Market
Last Updated : Dec 17 2021 | 8:50 AM IST

Yes Bank said that its board will meet on Tuesday, 21 December 2021, to consider fund raising plans.

The funds would be raise via issue of of equity shares/ depository receipts/ convertible bonds/ debentures / warrants / any other equity linked securities.

Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers.

The bank's net profit rose 74.31% to Rs 225.50 crore on 7.06% decline in total income to Rs 5430.30 crore in Q2 September 2021 over Q2 September 2020.

The scrip fell 2.69% to end at Rs 13.40 on the BSE yesterday.

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First Published: Dec 17 2021 | 8:37 AM IST

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