Yes Bank’s board has approved a plan to raise funds. The bank aims to secure ₹7,500 crore through equity and ₹8,500 crore via debt instruments in fiscal year 2026. This fundraising will occur in stages, both domestically and internationally. Sumitomo Mitsui Banking Corporation will increase its stake in Yes Bank.
‘Chaos Ahead’: India reels from US tariff hike threat, exporters warn of mass job losses
Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Since