Yes Bank Ltd (YESB.BO)
* Has approval to raise funds in indian/foreign currency via issue of debt securities worth up to 100 billion rupees
* Yes bank places 3.30 billion rupees (USD 50 million equivalent) of green infrastructure bonds with FMO, Netherlands
HONG KONG, Sept 14 (Reuters Breakingviews) - It has been an odd few days for share sales in Asia. An Indian bank recently botched a perfectly doable $1 billion capital raise. China is forcing an $8 billion bank listing down the market's throat. And an Indonesian firm with a market value of $70 million thinks it can raise $2.3 billion.
HONG KONG, Sept 9 (Reuters Breakingviews) - Investors are keen on the country's private sector lenders. But Yes Bank has been forced to shelve a $1 bln deal. It was pushy on price and careless in execution, talking up the issue on TV and leaving it in the market too long. It's a masterclass in how not to raise capital.
Sept 9 Indian shares fell on Friday, tracking weak regional equity markets, as investors booked profits following reports of a nuclear test in North Korea and amid uncertainty over the European Central Bank's (ECB) future policy steps.
** Yes Bank Ltd's shares extend losses for third straight session; fall as much as 6 pct to 1,246.95 rupees, their biggest pct loss since June 24
MUMBAI Yes Bank, India's fifth-biggest private sector lender by assets, on Thursday shelved an up to $1 billion share sale to institutions, blaming trading volatility it said had been induced by misinterpretation of rules.
* Says volatility in trading due to misinterpretation of rules
* CEO Rana Kapoor says will definitely try to launch share sale to institutions before March 2017 Further company coverage: (Reporting By Devidutta Tripathy)
MUMBAI, Sept 8 Yes Bank, India's fifth-biggest private sector lender by assets, has deferred an up to $1 billion share sale to institutions, the bank said on Thursday.