Yes Bank CEO Ravneet Gill said that the bank can raise more than $ 1.2 billion. "The bank can announce details of binding bid in a few days," he said.
Yes Bank has received a bid of $ 3 billion from eight investors. CEO Ravneet Gill has given this information during an interview. Gill further said, apart from the $ 3 billion bid, various investors and family offices are interested in Yes Bank. Yes Bank said it received a $ 1.2 billion bid from a global investor last week.
Yes Bank CEO Ravneet Gill told CNBC-TV18 in an interview that the bank can raise more than $ 1.2 billion. Without giving information about the $ 1.2 billion binding bid, Gill said it was supported by "an anti-American institution". "The bank can announce details of binding bid in a few days," he said. The binding bid was received by Yes Bank last week.
On 25 September 2019, Yes Bank announced its capital raising plans and said that it has received strong interest from many foreign and domestic private equity and strategic investors to raise capital.
Private sector lender Yes Bank reported a loss of Rs 600.08 crore during the July-September period. The bank recorded a profit of Rs 964.70 crore on an annual basis and Rs 113.76 crore in the quarter ended June.
Buzzing stocks: YES Bank, Vodafone Idea, Dish TV, Tata Steel.
YES Bank (Rs 628.34 crore) was leading the pack of most active stocks in value terms.
Yes Bank, with more than 10.20 crore shares, was the leading stock traded on the NSE on Monday.
Shares of Vodafone Idea NSE 4.65% (number of shares traded: 5.75 crore), Dish TV NSE-10.19% India (number of shares traded: 1.24 crore), Reliance Power (number of shares traded: 0.96 crore), Tata Motors (number Shares traded: 0.82 crore), SAIL (Number of shares: 0.67 crore), Adani Power (Number of shares: 0.61 crore), JSPL (Number of shares: 0.58 crore), Reliance Com (Number of shares traded) N.S. The most traded shares on E are also 0.54 crore) and Vedanta (number of shares trading: 0.53 crore).
Yes Bank (Rs 628.34 crore) was leading the pack of the most active stocks by value.
It was followed by Tata Steel (Rs 184.21 crore), SBI (Rs 152.52 crore), Tata Motors (Rs 140.75 crore), Zee Ent. (Rs 103.15 crore), ICICI Bank (Rs 91.40 crore), Vedanta (Rs 83.46 crore), Bajaj Finance (Rs 80.41 crore), RIL (Rs 78.25 crore) and HDFC (Rs 74.56 crore).
The NSE Nifty index gained 76.20 points to 11,966.80, while the BSE Sensex gained 236.44 points to close at 40,401.47 at 09:32.
The Nifty index included Bharti Infratel (5.11 per cent), Hindalco Industries (3.30 per cent), Vedanta (3.20 per cent), JSW Steel (2.76 per cent) and Tata Steel (2.64 per cent). Top achievers.
While Yes Bank (down 4.95 percent), Zee Entertainment Enterprises (down 3.10 percent), Infosys (down 0.70 percent), Indian Oil Corporation (down 0.46 percent) and Bajaj Auto (down 0.42 percent) were the top losers. In the index.