HighNeutral
Announced Tue, 23 Jun · 22:49 IST
YES Bank board to consider fundraise via equity and debt securities
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
YES Bank's board will meet on June 29, 2026, to consider raising capital through eligible equity and debt securities via private placements, preferential issues, or other approved routes. The bank will seek shareholder approval for these enabling resolutions at its upcoming AGM. The stock has surged nearly 50% over the past three months to about ₹24.55, supported by Q4FY26 standalone net profit of ₹1,068 crore versus ₹739 crore year-on-year and a return on assets of 1%, the first time since 2020.