ERWIN SINGH BRAICH
JC Flowers-led group may invest $2 billion in YES Bank
Industry executives said nearly half-a-dozen investors may be part of consortium and deal likely in two stages.
YES Bank ropes in Anshu Jain, former Chief of Deutsche Bank, to raise funds
Anshu Jain is currently the president of Cantor Fitzgerald, an in...
Yes Bank gets nod to raise Rs 10,000 crore, decides not to proceed with Erwin Braich’s offer
Private lender YES Bank’s board on Friday approv...
YES Bank board approves Rs 10,000 crore fundraising, decides not to proceed with Erwin Braich’s offer
The lender approved fundraising in one or more tranches through QIP, FCCB or GDR.
Making efforts to financially strengthen bank further: Yes Bank
"All efforts are being made to financially strengthen the bank even further. Kindly, therefore, pay no heed to these unfounded reports," Yes Bank said. Last week, Uttam Prakash Agarwal, an independent director of Yes Bank resigned from the board and stepped down as head of its audit committee citing major corporate governance concerns.
YES Bank tanks another 18% in 3 days: Is it a sinking ship now?
YES Bank said it would not proceed with the offer made by Erwin Singh Braich/SPGP Holdings.
YES Bank cracks 8% despite fundraising plans
In a regulatory filing, YES Bank said that it will raise funds up to Rs 10,000 crore.
Erwin Singh Braich: The puzzling Canadian behind a bid to save Yes Bank
There are two starkly contrasting narratives about the man who barged into media headlines with his bid.
YES Bank: The ‘diamond’ that faded in 2019 still has investors rooting for it
It was Nifty50’s worst performer of 2019, eroding 73 per cent of investor wealth.
Will RBI say YES to Erwin Singh Braich, the man who just forced India to sit up and take notice?
Not much is known about Erwin Singh Braich who's supposed to be the knight in shining armour for YES bank.
Canada-based Erwin Singh Braich expresses $1.2 billion interest in YES Bank
The bank also received interests from GMR Group and Associates, , Aditya Birla Family Office and Rekha Jhunjhunwala to the tune of $50 million, $25 million and $25 million respectively.
Yes Bank considers Citax's $500 mn offer; Braich's offer under discussion
YES Bank on Tuesday said the board of the lender is favorably considering the offer of $500 million from Citax Holdings and Citax Investment...
YES Bank postpones decision on Braich's $1.2 billion offer, considering Citax’s $500 million bid
Last week, ratings agency Moody's Investors Service had downgraded YES Bank.
Braich’s $1.2-bn bid not off the table, discussions still on: Ravneet Gill, YES Bank
I will say this at the cost of reputation that some of the messaging has got lost in semantics and I would want the markets to take that with the right level of restraint. Our capital raise is very much on track. The level of interest that we continue to get from very high quality investors is also very good.
HDFC MF keen on taking stake in YES Bank; Erwin Singh new bidder
Early indications from RBI are unfavourable for Erwin Singh Braich’s $1.2 billion bid.
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