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Yes Bank hasnt issued the so-called no objection certificate as its seeking assurances on repayments of other loans taken by Coffee Day, said the people, asking not to be identified as the information isnt public. All other creditors have approved the transaction, the people said.

Coffee Dayâ€™s tech park sale stalls over Yes Bank nod

Shares of Coffee Day fell 8.9 per cent to close at Rs 43.85.

10 Dec 2019 1:51 AM IST

Axis Bank mulls $1.3 billion share sale

Axis Bank mulls $1.3 billion share sale

The deal would help the Mumbai-based lender enhance risk buffers and support loan growth.

28 Jun 2019 1:52 AM IST