YES Bank board approves plan to raise up to ₹16,000 crore through shares and debt

YES Bank

’s board has approved plans to raise up to ₹16,000 crore through a mix of equity and debt issuances, subject to shareholder and regulatory approvals.

In a regulatory filing on Monday, the private sector lender said it plans to raise up to ₹7,500 crore via eligible equity securities through various permissible routes. The bank also clarified that the overall dilution from equity issuance and any convertible instruments will be capped at 10%.

On the debt side, the board approved raising up to ₹8,500 crore through the issuance of eligible debt securities in Indian or foreign currency. The fundraising can be executed in multiple tranches across domestic and overseas markets, depending on conditions.

The proposal signals a balance-sheet strengthening push, with the bank creating a large funding “envelope” that can be deployed flexibly across equity and debt markets to support growth, liquidity buffers, and regulatory capital needs without immediate dilution pressure.

The bank added that any issuance of convertible debt securities will also remain within the 10% aggregate dilution cap, including related equity conversion effects.

Both proposals have been passed as enabling resolutions and will require approval from shareholders and relevant regulatory authorities.

The board has also cleared the notice for the bank’s 22nd Annual General Meeting, scheduled for August 19, 2026, where these fundraising resolutions will be placed before shareholders.

Shares of YES Bank ended 0.84% higher at ₹25.08 on the NSE on Monday.