Yes Bank Share Sale

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  Yes Bank Plans To Raise Up To Rs 15,000 Crore In Share Sale

  It will now look to bolster its balance sheet through the share offering from July 15 to 17, according to a stock exchange filing.

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  After SBI, Private Banks Line Up To Buy Stakes In Yes Bank

  The Union cabinet headed by Prime Minister Narendra Modi approved a rescue plan for Yes Bank, Finance Minister Nirmala Sitharaman said on Friday, as authorities look to prevent a broader banking crisis. The state-owned State Bank of India (SBI), the country's largest lender, will take a 49 per cent stake in Yes Bank, the finance minister said.

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  Yes Bank Seeks Up To $2 Billion In Preferential New Share Issue

  Yes Bank said it is in talks on a deal to sell shares worth $1.2 billion to Canadian billionaire Erwin Singh Braich and Hong Kong-based SPGP Holdings.

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  Rana Kapoor, Other Promoters Sell Remaining Stake In Yes Bank

  According to a stock exchange filing, the promoters sold 2.04 crore shares in the open market during November 13-14.

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  Highly Dejected With Stake Sale, Say Rana Kapoor's Daughters

  "We are highly dejected that our family shareholding in Yes Bank was sold at such dismal price levels," MCPL said in a statement.

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  Forced Stake Sale Behind Fall, Says Yes Bank After Shares Plunge 23%: 10 Points

  Yes Bank said on Wednesday that the steep fall in its shares the previous day was primarily on account of forced stake sale by a large shareholder. The statement from the private sector lender came a day after the Yes Bank stock nosedived as much as 29.92 per cent during the session before paring some of those losses to still close at its lowest le...

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  Yes Bank Says Forced Stake Sale Led To Steep Fall In Stock

  Yes Bank sought to allay concerns, saying that its financial and operational metrics remained "intrinsically sound".

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  Billionaire Rana Kapoor's Yes Bank Is Said To Cut 12% Of Jobs

  The bank's push toward automation and innovation will make some roles redundant, a spokesman said.

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  Yes Bank Shelves Up To $1 Billion Share Sale

  Yes Bank, India's fifth-biggest private sector lender by assets, on Thursday shelved an up to $1-billion share sale to institutions, blaming trading volatility it said had been induced by misinterpretation of rules.

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  Yes Bank Launches Rs 6,600-Crore Share Sale: Report

  Yes Bank Ltd has launched a share sale worth up to $1 billion, according to a regulatory filing on Wednesday, as the country's fifth-biggest private sector lender by assets aims to boost its capital base.

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  Yes Bank to Decide on Rs 6,500 Cr Share Sale in H2

  Yes Bank will take a call in the second half of the current fiscal year on its plans for a $1-billion (about Rs 6,500 crore) share sale, its chief Rana Kapoor has said.

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  Yes Bank Plans Up to $1 Billion Share Sale

  The bank needs approval from shareholders and regulators before it goes ahead with the sale, finance chief Rajat Monga told reporters. He did not give a timeline for the sale but said the funds will mostly be used for growth.

• Rupee Strengthens to 58.94 Level Against Dollar

  The rupee was stronger at 58.94 versus its previous close of 59.03/04, as dollar inflows from Yes Bank share sale for as much as $500 million aiding the Indian unit's gains but month-end dollar demand from oil importers may limit the rise.

• Yes Bank Raises Rs 2,943 Crore in Share Sale to Institutional Investors: Report

  Yes Bank Ltd has raised $500 million (Rs 2,943.75 crore at $1 = 58.8750 rupees) in a share sale to institutional investors, two bankers involved in the deal said - the first of a raft of equity deals expected after a landslide election victory for new Prime Minister Narendra Modi.

• HSBC raises $430 mn in Axis, Yes Bank stake sales

  The stake sale comes after Yes Bank gained 40 per cent this year, while Axis Bank shares have risen 24 per cent.