Yes Bank obtains RBI letters, gearing up to deal with CA Basque Investments, Verventa

On December 9, private sector lender Yes Bank announced that it has received two letters from the Reserve Bank of India about its agreements with Verventa Holdings Limited and CA Basque Investments.

To finish its money raising, the bank intends to interact with the investors. Accordingly, the bank will now contact the investors to complete the proposed capital raise, subject to numerous regulatory compliances and prerequisites outlined in the relevant investment agreements, according to a statement from Yes Bank.

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