• The Mumbai-based private sector lender is hoping to raise Rs 15,000 crore with the help of the FPO
• The letter dated May 22, the RBI asked IBU to comply with the restriction within the period of 12 months
• The RBI on many instances had found the IBU breaching statutory norms
According to the offer document issued by Yes Bank for a follow-on public offering (FPO), the country....
Tags : RBI, Yes Bank, IBU, IFSC City, Foreign Currency deposits, FPO,