Yes Bank, India's 4th largest private sector bank announced that the board of directors in its meeting scheduled on January 22 will consider raising of funds through different modes.
"Raising of funds by issue of equity shares/depository receipts/convertible bonds/debentures/warrants/any other equity linked securities, through permissible modes subject to necessary shareholders/regulatory approvals, as applicable," the bank said.
Shares of the bank gained Rs 0.2, or 1.13%, to settle at Rs 17.90. The total volume of shares traded was 19,27,341 at the BSE (Tuesday).