Business »  Topic »  SBI to invest up to Rs 1,760 crore in Yes Bank FPO

SBI to invest up to Rs 1,760 crore in Yes Bank FPO


At the end of March 2020, Yes Bank’s capital adequacy ratio (CAR) stood at 8.5% and its common equity tier1 (CET1) ratio was 6.3%.

On Wednesday, Yes Bank’s shares ended at Rs 26.10, 1.36% higher than their previous close.

The executive committee of State Bank of India’s (SBI) central board on Wednesday approved an investment of up to Rs 1,760 crore in the follow-on public offer (FPO) of Yes Bank. The board of Yes Bank on Tuesday approved a proposal to raise capital through an FPO. The capital raising committee of the ...


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