India's Yes Bank to raise up to 160 billion rupees via equity, debt
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2025
0mins
Source: Reuters
Yes Bank's Fundraising Plans: Yes Bank has approved plans to raise up to 160 billion rupees ($1.87 billion) through equity and debt issuances, with a cap on overall equity dilution at 10%.
Sumitomo Mitsui Stake Acquisition: Japanese lender Sumitomo Mitsui Banking Corporation is set to acquire a 20% stake in Yes Bank from existing shareholders in a deal valued at 134.8 billion rupees ($1.58 billion), marking a significant cross-border acquisition in India's financial sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
