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Yes Bank to raise $1.1 bn from Carlyle and Advent International
short by Srishty Choudhury / on Saturday, 30 July, 2022
Yes Bank announced on Friday that it would raise $1.1 billion (₹8,900 crore) from private equity investors, Carlyle and Advent International. Each investor would have the option of acquiring up to 10% share in the bank. The bank said that $640 million (₹5,100 crore) would be raised through equity shares and $475 million (₹3,800 crore) through equity share warrants.
read more at Moneycontrol