Yes Bank, the Mumbai headquartered bank had an unlikely savior in a London Court English grammar. According to a report US based financial advisor and Investment Bank Cantor Fitzgerald filed a 7.5 million dollar lawsuit against the Mumbai-based bank for failing to pay a financing fee for its 2 billion dollar foreign portfolio investment in 2020. Yes Bank had raised around 2 billion dollars in FBO, the bank had picked Canter Fitzgerald and two other firms to help raise the funds as per reports Canter Fitzgerald claimed two percent on the total Capital raised through the FBO arguing that the deal with Yes Bank included not only private financing but also FPO the Crux of the case lies with this term financing. Watch the video to know more.

Construction of word financing saves Yes Bank $7 million

Yes Bank scam: ED attaches over Rs 2,200 crore assets of Rana Kapoor, others

Explainer: What is the Yes Bank crisis? 

Potential investor will have to pick up 49% stake in Yes Bank; SBI shown willingness: RBI

Yes Bank crisis: Will not let any institution to fall, says FM Nirmala Sitharaman

yes-bank-news

Yes Bank News, News on Yes Bank News, stories on Yes Bank News, articles on Yes Bank News, Yes Bank News stories at Wion, Yes Bank News news, Yes Bank News latest news

yes bank-news

Construction of word financing saves Yes Bank $7 million

Yes Bank scam: ED attaches over Rs 2,200 crore assets of Rana Kapoor, others

Explainer: What is the Yes Bank crisis?

Potential investor will have to pick up 49% stake in Yes Bank; SBI shown willingness: RBI

Yes Bank crisis: Will not let any institution to fall, says FM Nirmala Sitharaman