In chat with Anil Singhvi, Yes Bank MD Prashant Kumar says capital ratio at 20 pct after FPO is unprecedented
Yes Bank, which has raised Rs 15,000 crore through its recently concluded Follow-on Public Offer (FPO) has taken its CET ratio to 13.3 ensuring a 5.5 per cent buffer, bank’s Managing Director (MD) and Chief Executive Officer (CEO) Prashant Kumar told Zee Business Managing Editor Anil Singhvi in an exclusive interview
Money raised through FPO will largely be used for growth purposes and the bank’s strategy is to focus on the retail and MSME segment, Prashant Kumar said