India's Yes Bank plans to raise $1.2b to boost capital, says CEO

India's Yes Bank plans to raise $1.2b to boost capital, says CEO

Photo: Bloomberg

Yes Bank Ltd., Asia’s worst-performing bank stock this quarter, plans to raise $1.2 billion over 18 months to bolster its capital buffer through a mix of public and private share sales, Chief Executive Officer Ravneet Gill said.

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