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yes bank latest news. #YesBank. Yes bank share & Yes bank latest news today l NSE:YesBank

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yes bank latest news. #YesBank. Yes bank share & Yes bank latest news today l NSE:YesBank
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Yes Bank CEO expects ARC biz to operationalize in six months, foreign firms show interest; Stock gains 1.5%
In September last year, Yes Bank had applied to the Reserve Bank of India (RBI) seeking approval to launch the ARC.
Yes Bank was trading broadly on a positive note during Thursday's session after the lender's CEO Prashant Kumar stated that he expects the bank's asset reconstruction company (ARC) business to operationalize within 6 six months. Also, Kumar reveals that many foreign firms have shown interest in the bank's ARC business.

Kumar in an interview with Reuters told that there has been a lot of interest from foreign investors for our ARC business. Adding he said, "We are likely to put in the initial capital of 10 billion rupees while the foreign investor will put in nearly 25 billion rupees."

Kumar further said in the interview that they believe the ARC business to operationalize within six months of securing clearances.

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💬 Comments on the video
Author

For Yes Bank to become a rocket, one needs to have the ingredients of Patience, coolness, money, regular follow up

Author — Sat Pal Singh

Author

Tumhara video guarantee h... yes bank rocket banega..

Author — k v

Author

Aree bhai jab all time historic nifty aur sensex high par yeh 20 paar nahi kar saka toh ab kya rocket banenga abhi toh market mein corrections honge phir.

Author — saif khan

Author

Sir yes bank ka 2 sal ka Kya target hoga

Author — AJEET SINGH

Author

Rana kapoor ne bhi rocket 🚀 banaya tha YB ko.... Aab uske piche ghus gaya ye rocket

Author — Raman Dhawan

Author

I have 7000 shares of yes bank at average of rs 20.8 what I do now

Author — Sunil Tupe