Yes Bank acquires 24.19% stake in Dish TV via pledged shares2 min read . Updated: 30 May 2020, 05:58 PM IST
- This is the fifth time in the past one year that the bank has acquired majority stake in a non-banking business by invoking pledge against shares of a firm that had availed loans from the bank and later failed to repay the dues
Yes Bank Ltd acquired a 24.19% stake in direct-to-home service provider, Dish TV India Ltd, by invoking pledges against 44.53 equity shares kept as collateral with the private lender for a loan.
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