India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer
PYMNTS
OCTOBER 31, 2019
Regulators must approve it as well. The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital. The deal is still awaiting approval by the bank’s shareholders and the board.
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