Yes Bank set to raise up to Rs 16,000 crore – Times of India
MUMBAI: Yes Bank’s board approved several proposals, including a plan to raise Rs 7,500 crore via equity and Rs 8,500 crore via debt, following Japan’s Sumitomo Mitsui Banking Corp’s planned entry as a strategic investor. The decisions, taken on June 3, mark a shift in the bank’s capital structure and governance framework. The proposals are…