Yesbank is good for the holding and the long term is investment looking safe.
☑️Yesbank is raising the capital to meet the business requirements.
☑️As per the news that lenders are selling their asset but it is wrong information.
☑️Yesbank is currently talking with Microsoft and two other tech companies to raise the capital. If deal is final it will be big boose up for the Yesbank expansion and then a new and old investor will more like to put the amount in the bank's growth.
☑️Earlier in August, the bank had raised Rs 1,930.46 crore through qualified institutional placement (QIP) to fund its business expansion.
☑️Yesbank is looking for the unknown source those are damaging the bank image in public and as a result, lenders are leaving very fast.