Yes Bank gets $1.2-bn binding offer from global investor
Private lender YES Bank on Thursday said it has received a binding offer from a global investor for an investment of $1.2 billion through fresh issuance of equity shares. The bank, last month, had said that it had received strong interest from multiple foreign as well as domestic private equity and strategic investors for capital raising, and remains firmly on course to raising growth capital subject to the necessary approvals.
Apr-Sept fiscal deficit 92.6% of FY20 estimate
India's fiscal deficit in the six months through September