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.

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

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