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Yes Bank says Rs 15k cr capital from FPO to suffice for 2 yrs; looking at cost rationalisation

Yes Bank says Rs 15k cr capital from FPO to suffice for 2 yrs; looking at cost rationalisation

The bank, which had to be bailed out by SBI in March, is aiming to raise the money by selling its shares at Rs 12-13 per piece - which is a discount of nearly 50 per cent to Friday's close - to raise the capital