YES Bank jumps 5% as lender gets EoIs from JC Flowers, Silver Point

YES Bank will delay the announcement of its December quarter (Q3) results due to the ongoing talks

YES Bank gained over 5 per cent to Rs 37.20 on the BSE on Thursday after the bank said 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. READ THE COMPANY'S BSE FILING HERE

The bank and its financial advisors are in discussions with these investors on