Monday, Sep 21, 2020 | Last Update : 05:31 AM IST

180th Day Of Lockdown

Maharashtra118801585793332216 Andhra Pradesh6177765307115302 Tamil Nadu5364774812738751 Karnataka5113454048417922 Uttar Pradesh3362942632884771 Delhi2347011981034877 West Bengal2155801870614183 Telangana1713061397001033 Odisha167161133466722 Bihar164224149722855 Assam150349121610528 Kerala12221687341490 Gujarat119088999083271 Rajasthan109088906851293 Haryana103773816901069 Madhya Pradesh97906743981877 Punjab90032658182646 Chhatisgarh7777541111628 Jharkhand6710052807590 Jammu and Kashmir5971138521951 Uttarakhand3713924810460 Goa2678320844327 Puducherry2142816253431 Tripura2069612956222 Himachal Pradesh11190691997 Chandigarh92566062106 Manipur8430653951 Arunachal Pradesh6851496713 Nagaland5306407910 Meghalaya4356234232 Sikkim2119178923 Mizoram15069490
  Business   In Other News  12 Dec 2019  Yes Bank shares fall 15 per cent

Yes Bank shares fall 15 per cent

THE ASIAN AGE. | RAVI RANJAN PRASAD
Published : Dec 12, 2019, 1:24 am IST
Updated : Dec 12, 2019, 1:24 am IST

Rakesh Jhunjhunwala offer to invest $25 million has become doubtful due to uncertainty over the bank’s capital raising plans.

Yes Bank shares fell over 15 per cent on Wednesday with market’s growing disappointed over the bank’s failure to rope in quality investors and a also potential investor backing out.
 Yes Bank shares fell over 15 per cent on Wednesday with market’s growing disappointed over the bank’s failure to rope in quality investors and a also potential investor backing out.

Mumbai: Yes Bank shares fell over 15 per cent on Wednesday with market’s growing disappointed over the bank’s failure to rope in quality investors and a also potential investor backing out.

With Tuesday’s over eight per cent fall the share of the bank are down over 23 per cent in the last two sessions as the shares closed 15.33 per cent lower at Rs 42.80 on the BSE and at `43.55 on the NSE.

 

Yes Bank after the board meeting on Tues-day had informed stock exchanges about its recent dealing with potential investors in the bank’s ongoing capital raising plan with two offers worth $500 million of Citax Holdings and Citax Investment Group and $1.2 billion binding offer submitted by Erwin Singh Braich / SPGP Holdings. But another potential investors Rakesh Jhunjhunwala offer to invest $25 million has become doubtful due to uncertainty over the bank’s capital raising plans.

Tags: yes bank shares