अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » business » YES Bank stock rallies 35% as company gets binding offer for $1.2 billion investment

YES Bank stock rallies 35% as company gets binding offer for $1.2 billion investment

The bank' shares increase by 34.95 per cent to 76.65 on the Bombay Stock Exchange.

by
Updated on :

Private sector lender YES Bank on Thursday, October 31 said it received a binding offer of $1.2 billion for a stake purchase in the bank from a global investor.

“The bank would like to inform that it has now received a binding offer from a global investor for an investment of $1.2 billion in the bank through fresh issuance of equity shares,” the lender said in a release.

The bank’ shares increase by 34.95 per cent to 76.65 on the Bombay Stock Exchange.

In an earlier release, the bank had said it received strong interest from multiple equity and strategic investors for the capital raise.

Bonanza for stock markets as DDT to be scrapped

Related

Latests Posts

Editor's Choice

Trending

Hindi Latest News