Top names set to line up for Rs 15,000 crore Yes Bank share sale
Synopsis
The issue will have an anchor investor component of up to Rs 4,500 crore.
Mumbai: A clutch of top-rated insurers and asset managers is set to invest in the Rs 15,000-crore Yes Bank share sale that opens next week. The fund-raising is aimed at helping the beleaguered private sector lender raise much-needed capital.US-based asset manager Tilden Park, Life Insurance Corporation (LIC), HDFC AMC and HDFC Life are among the companies set to invest in the issue, said three people aware of the developments. ICICI Prudential
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