Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1373)

2020-03-15 Banking

1373.

The authorized capital of Yes Bank has increased to what amount?

Rs 4,200 crore

Rs 3,200 crore

Rs 6,200 crore

Rs 1,200 crore

Answer: Option

Explanation:

SBI will invest Rs 7,250 crore for 49% equity in Yes Bank Axis Bank and HDFC will invest up to Rs 600 crore and Rs 1,000 crore respectively in Yes Bank. Bank The authorised capital of Yes Bank has been increased to Rs 6,200 crore from Rs 1,100 crore.