Erwin Singh Braich

Yes Bank mulls Citax Holdings offer, Erwin Singh Braich still in fray

Private sector lender Yes Bank has told the exchanges it is considering the $500 million offer made by Citax Holdings and Citax Investment Group. A decision regarding allotment will be taken at the next board meeting.

The note said, “The Board is willing to favourably consider the $500 million offer made by Citax Holdings and Citax Investment Group and the final decision regarding allotment will follow at the next board meeting, subject to requisite regulatory approval(s).”

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