Yes Bank raises $1.1 billion from Carlyle, Advent
Yes Bank on Friday announced it was raising equity capital of $1.1 billion (₹8,900 crore) from funds affiliated with private equity investors Carlyle and Advent International, with each investor acquiring up to a 10% stake in the bank. The funds would be raised through a combination of $640 million (₹5,100 crore) invested in equity shares, and $475 million […]
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