Yes Bank board to discuss raising funds on Jan 22

Its board will also consider and approve the results for the quarter ended December on January 22. 

In a regulatory filing, the bank said that its board of directors will consider raising of funds by "issue of equity shares/depository receipts/convertible bonds/debentures/warrants/any other equity linked securities, through permissible modes subject to necessary shareholders/ regulatory approvals, as applicable." 

Last year the restructured bank raised Rs 15,000 crore through follow-on public offering. 

Banks across public and private sectors have been strengthening their capital buffer amid the pandemic to sail through the tough times. 

Around 2 p.m., its shares on the BSE were trading at Rs 17.75, higher by 0.57 per cent from its previous close.