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Yes Bank raises 19.30B rupees via share issuance

Yes Bank Ltd. raised 19.30 billion Indian rupees via an issuance of equity shares to qualified institutional investors.

The bank issued 231,055,018 equity shares, aggregating to 9.96% of the bank's share capital on a pre-issue basis, at 83.55 rupees per share.

As of Aug. 14, US$1 was equivalent to 71.53 Indian rupees.