Yes Bank

CLR Snippets | Yes Bank Limited to increase foreign equity participation upto 60 percent

Proposal of Yes Bank Limited to increase foreign equity participation upto 60 percent through a Qualified Institutional Placement (QIP) of its equity shares to eligible non-residents and/ or issue of Global Depository Receipts (GDRs) to eligible non-resident investors The Cabinet Committee on Economic Affairs today gave its approval to the proposal of Yes Bank Limited… Read More

Tags: Cabinet Committee on Economic AffairsFIPBforeign direct investmentForeign Investment Promotion BoardGlobal depository receiptQIPQualified institutional placementYes Bank

FDI Proposals Approved by the Government

Further to para 8 of the Press Release dated March 25, 2013, wherein it was stated that decision of the 6 (Six) proposals will be communicated separately, the Central Government has approved two (2)Proposals of Foreign Direct Investment (FDI) amounting to Rs. 89.33 crore approximately. In addition, one proposal viz., M/s Yes Bank Limited, Mumbai amounting to Rs. 2650.00 crore, has been… Read More

Tags: BangaloreCabinet Committee on Economic Affairsforeign direct investmentForeign Investment Promotion BoardIndiaJoint ventureMumbaiYes Bank

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