Archive · 5 Jun 2025
Yes Bank Approves Funding, CA Basque Sells Stake
Yes Bank is getting more money by selling stocks and borrowing.
The bank's board agreed to raise a large sum of money, and it will come from selling shares and taking on debt.
At the same time, CA Basque Investments sold some of their shares in Yes Bank, reducing its ownership stake.
A Japanese company named SMBC will soon become the biggest shareholder in Yes Bank, showing more international interest in the bank.
Yes Bank's board approved raising ₹16,000 crore through equity and debt.
The fundraising includes ₹7,500 crore via equity securities and ₹8,500 crore via debt securities.
CA Basque Investments reduced its stake in Yes Bank by 2.62%.
Following the sale, CA Basque's stake is now 4.22%.
SMBC is set to become the largest shareholder in Yes Bank.
- Who
- Yes Bank, CA Basque Investments, SMBC, SBI
- What
- Yes Bank board approved raising funds via equity and debt, while CA Basque Investments sold a stake.
- When
- June 2025
- Where
- India
- Why
- To fund business growth and attract investment.
- Funds Raised
- ₹16,000 crore
- Equity Securities
- ₹7,500 crore
- Debt Securities
- ₹8,500 crore
- Dilution Cap
- 10%
- Largest Shareholder
- SMBC
- CA Basque Stake
- 4.22%
