YES Bank slips 9% after fixing FPO floor price at Rs 12 per share

YES Bank is planning to raise Rs 15,000-crore through the FPO

Shares of YES Bank slipped 9 per cent to Rs 24.20 on the BSE on Friday after the bank fixed floor price at Rs 12 per share and a cap of Rs 13 per unit for its proposed follow-on public offer (FPO).

"A discount of Rs 1 per equity share will be given to the eligible employees of the bank bidding in employee reservation portion. A minimum bid lot of 1,000 equity shares and in the multiples of 1,000 equity shares thereafter," it said. READ THE FULL REPORT HERE

At 02:22 pm, YES Bank was trading