YES Bank's board approves plan to raise up to ₹10,000 crore

YES Bank has received its board's approval to raise up to ₹10,000 crore, the private lender informed the exchanges in a regulatory filing on Tuesday. The board has approved raising of funds by issue of equity shares, depository receipts, convertible bonds, debentures, warrants, or any other equity-linked securities. The bank said it will now seek approval from its shareholders.