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YES Bank to delay Dec-quarter results amid talks to raise capital

The bank and its financial advisors are in discussions with investors on commercial terms. The investments, including pricing and size of the stake to be acquired, are all subject to regulatory approv

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yes bank

Abhijit Lele Mumbai
YES Bank will delay the announcement of its December quarter (Q3) results as it is in talks with potential investors, including J.C. Flowers and Silver Point Capital, for raising equity capital.
 
In a filing to the BSE, the lender said it had received non-binding expressions of interest (EoIs) from several investors including J.C. Flowers & Co, Tilden Park Capital Management, OHA (UK) LLP (part of Oak Hill Advisors), and Silver Point Capital.
 
The bank and its financial advisors are in discussions with these investors on commercial terms. The investments, including pricing and size of the stake to be

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