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Yes Bank to raise capital for business development
July 9, 2013July 9, 2013by In Infrastructure Finance

Yes Bank to raise capital for business development

Media reports indicate that YES Bank may raise capital by issuing shares through qualified institutional placement (QIP) or any other route in order to fund its expansion plan. The company may also consider Global Depository Receipts, American Depositary Receipts, follow-on public issue or by any other appropriate mode as decided by the Capital Raising Committee, the bank informed the Bom