Yes Bank , one of India's prominent private sector banks, has announced a significant move to bolster its financial position. The bank's board has given the green light to an ambitious fundraising plan, aiming to raise up to ₹16,000 crore through a combination of equity and debt instruments.

Fundraising Strategy

The bank's fundraising strategy is two-pronged:

1. Equity Issuance: Yes Bank plans to raise up to ₹7,500.00 crore through the issuance of eligible equity securities. This will be done through various permissible means, with a cap on dilution set at 10% of the bank's equity.

2. Debt Securities: The bank aims to raise up to ₹8,500.00 crore by issuing eligible debt securities. These could be in Indian or foreign currency and may be issued in one or more tranches in domestic and/or overseas markets.

Key Details of the Plan

• The total fundraising amount of ₹16,000.00 crore is split nearly equally between equity (₹7,500.00 crore) and debt (₹8,500.00 crore) instruments.
• The equity issuance is designed to limit dilution to a maximum of 10%, including any dilution from the conversion of convertible debt securities.
• The debt securities issuance is also structured to ensure that any potential equity conversion does not exceed the 10% dilution limit.
• Both aspects of the fundraising plan are subject to regulatory and statutory approvals.

Corporate Governance and Transparency

In line with regulatory requirements, Yes Bank has promptly disclosed this development to the stock exchanges. The bank's board approved the Notice of the 21st Annual General Meeting (AGM), scheduled for August 21, 2025, which includes these fundraising proposals.

Implications for Yes Bank

This substantial fundraising initiative suggests that Yes Bank is taking proactive steps to strengthen its capital base. The additional capital could potentially be used for various purposes such as:

• Expanding the bank's lending capabilities
• Investing in technology and digital infrastructure
• Improving the bank's overall financial health and stability

Recent Corporate Actions

In addition to the fundraising announcement, Yes Bank also reported other corporate actions:

• The bank recently allotted 13,56,841 equity shares of face value ₹2.00 each, pursuant to the exercise of stock options under its employee stock option plans.
• This allotment has increased the bank's paid-up share capital to ₹62,73,72,19,510.00, consisting of 31,36,86,09,755 equity shares of ₹2.00 each.

The fundraising plan, coupled with these corporate actions, indicates Yes Bank's ongoing efforts to strengthen its financial position and create value for its stakeholders. As always, investors and market watchers will be keen to see how these initiatives translate into the bank's performance in the coming quarters.

Yes Bank has released its quarterly results for the period ended June, reporting a significant increase in profit and mixed asset quality results.

Q1 Financial Highlights

Yes Bank reported a profit after tax of Rs 801.00 crore, marking a substantial 60% increase year-on-year and a 9% sequential growth. The bank's net interest income rose 6% annually to Rs 2,372.00 crore, while operating profit surged 53% year-on-year to Rs 1,358.00 crore.

Asset Quality

The bank reported gross slippages of Rs 1,458.00 crore, an increase from Rs 1,223.00 crore in the previous quarter. Net slippages after recoveries and upgrades stood at Rs 809.00 crore compared to Rs 696.00 crore quarter-over-quarter. However, the bank demonstrated strong resolution progress with total recoveries and upgrades of Rs 1,170.00 crore, indicating active efforts in asset quality management.

The gross non-performing assets (NPA) ratio remained flat at 1.6% and the net NPA ratio steady at 0.3% at the end of June. Provisions and contingencies against bad loans increased to Rs 284.00 crore from Rs 212.00 crore in the previous year.

Operational Update

Yes Bank's recent operational update revealed some key figures:

The CASA (Current Account Savings Account) ratio decreased to 32.7% from 34.3%. However, the bank's Liquidity Coverage Ratio showed improvement, increasing to 135.7% from 125%.

Recent Corporate Action

In a recent corporate filing, Yes Bank announced a special window for re-lodgement of transfer requests for physical shares. This initiative, communicated through newspaper publications on July 18, aims to facilitate the transfer process for shareholders still holding physical share certificates.

The bank has published this notice in the Financial Express (English - All Editions) and Navshakti (Marathi – Mumbai Edition). This move aligns with the bank's commitment to enhancing shareholder services and adapting to regulatory requirements.

As Yes Bank continues to show improved financial performance, stakeholders will be keenly watching how the bank maintains this growth trajectory while managing its asset quality in the coming quarters.