News From Press Yes Bank promoters prepay Rs 400 crore to two mutual fund houses

Yes Bank promoters prepay Rs 400 crore to two mutual fund houses

Source: Economic Times Nov 28, 2018

Shares of YES Bank fell about 4%, recovering from their morning lows, on reports that the promoters made a partial pre-payment on ₹400 crore of non-convertible debentures held by Reliance Mutual Fund and Franklin Templeton Mutual Fund. ET couldn’t independently ascertain the veracity of these reports.

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