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Yes Bank has been planning to raise USD 1 billion (about Rs 6,885 crore) through QIP in the next seven months for which it has already started engagement with large investors across geographies.
Rana Kapoor, Yes Bank MD has said that “The QIP process should be over in the next 6-7 months and we are actively meeting large investors across geographies.”
He further said that the QIP would be fairly diversified which would include even domestic investors.
