Yes Bank Limited — Board Meeting, 03-06-2025: Outcome of Board Meeting
03-06-2025 | 09:15 pm
03-06-2025 | 09:15 pm
YES BANK has announced a board meeting on June 3, 2025, approving plans to raise up to INR 7,500 Cr through equity and INR 8,500 Cr via debt, subject to shareholder approval. The bank is updating its Articles of Association after deals with Sumitomo Mitsui Banking Corporation (SMBC) and State Bank of India (SBI), allowing these partners to nominate three non-executive directors to the board. These moves signal deeper strategic ties and potential capital infusion, positioning YES BANK for stronger growth ahead.
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