Private sector lender YES Bank on Thursday informed the exchanges that it has executed a share subscription and shareholders’ agreement, agreeing to subscribe to 20 lakh equity shares of Receivables Exchange of India (RXIL). That translates to 8 per cent of the post-issue paid-up capital of RXIL, which is a joint venture company set up by NSE Strategic Investment Corporation and Small Industries Development Bank of India.

Published on June 9, 2016