Yes Bank was up 0.78% at Rs 315 at 9:19 IST on BSE after the bank said it would consider a potential second tranche of fund raising under the Medium Term Note Programme of the bank.
The announcement was made after market hours on Friday, 16 March 2018.Meanwhile, the S&P BSE Sensex was up 75.83 points or 0.23% at 33,251.83.
On the BSE, 21,000 shares were traded on the counter so far as against the average daily volumes of 8.53 lakh shares in the past one quarter. The stock had hit a high of Rs 320 and a low of Rs 314.65 so far during the day. The stock had hit a record high of Rs 383.25 on 21 September 2017 and a 52-week low of Rs 275.15 on 23 May 2017.
The large-cap bank has equity capital of Rs 460.59 crore. Face value per share is Rs 2.
Yes Bank said that its Capital Raising Committee (CRC) would consider a potential issuance of second tranche of Notes under the Medium Term Note Programme of the bank, within the limits permitted by regulatory authorities, on or after 21 March 2018.
It may be recalled that Yes Bank had informed in November 2017 that the CRC of the board of directors of the bank had approved the setting up of the Medium Term Note Programme of the bank aggregating to an amount of $1 billion, out of which $600 million has already been drawn in the first tranche.
Yes Bank's net profit rose 22% to Rs 1076.87 crore on 24.1% growth in total income to Rs 6492.56 crore in Q3 December 2017 over Q3 December 2016.
Yes Bank is one of the leading private sector banks in India, offering comprehensive banking and financial solutions to its customers.
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