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Yes Bank to raise funds

November 1, 2007

We have been reported that the committee of Yes Bank has approved a proposal from Orient Global Tamarind Fund (Orient Global Tamarind), an international investor for private placement upto 1,47,00,000 equity shares of Rs 10 by way of preferential issue at Rs 225 per equity share.

Further, the bank decided to convene extra ordinary general meeting on 04 December 2007.

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