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YES Bank raises Rs 1930 cr through qualified institutional placement route


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YES Bank said on Friday it has raised Rs 1,930 crore through the qualified institutional placement (QIP) route which opened on August 8 and closed on August 14.

The bank allotted 23.1 crore equity shares of face value of Rs 2 each to eligible qualified institutional buyers (QIBs) at Rs 83.55 per equity share in accordance with the pricing formula provided under Regulation 176(1) of the Securities and Exchange Board of ...


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