October 31, 2019 / 7:50 AM / 17 days ago

India's Yes Bank gets $1.2 bln binding offer

BENGALURU, Oct 31 (Reuters) - India’s private sector lender Yes Bank Ltd said on Thursday it has received a binding offer from a global investor for an investment of $1.2 billion via fresh issue of shares.

The bank said it was in advanced talks with other investors.(bit.ly/334gIn5)

Reporting by Chandini Monnappa in Bengaluru; Editing by Arun Koyyur

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