Yes Bank’s board of directors will hold a fundraiser on December 21


Yes Bank said its board will meet on Tuesday, December 21, 2021 to review fundraising plans.

Funds would be raised through the issuance of shares/certificates of deposit/convertible bonds/debentures/warrants/any other equity related securities.

Yes Bank is a full-service commercial bank offering a comprehensive range of technology-driven digital products, services and offerings aimed at businesses, MSMEs and individuals.

The bank’s net profit increased by 74.31% to Rs 225.50 crore on a 7.06% decline in total revenue to Rs 5430.30 crore in September Q2, 2021 compared to September Q2, 2020.

The certificate fell 2.69% to end at Rs 13.40 on BSE yesterday.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Previous Pandemic continues to hit charitable fundraisers, report says
Next Palampur civic body faces severe shortage of funds: The Tribune India