What is Yes Bank FPO?

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Yes Bank, a leading private sector bank in India has come up with a follow-on public offer (FPO) to raise Rs 15,000 Cr. Yes Bank FPO opens on July 15 and closed on Jul 17. The issue is priced at Rs 12 to Rs 13 per equity share. The minimum order quantity is 1000 Shares. The funds are proposed to be used to support growth and expansion, including enhancing the bank's solvency and capital adequacy ratio.


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