Yes Bank received shareholders' approval to increase authorised share capital of the bank to ₹1,100 crore from ₹800 crore.
At the Extraordinary General Meeting, the cash-starved private lender also received shareholders' nod to raise up to ₹10,000 crore via issuance of equity shares or other convertible securities.
Earlier this week, Yes Bank appointed Anshu Jain-headed global investment bank Cantor Fitzgerald and two domestic entities for its fundraising plans to raise $2 billion.
Other merchant bankers appointed by the capital-starved lender include IDFC Securities and Ambit Capital.
In January, Yes Bank had rejected Erwin Singh Braich's $1.2 billion investment offer. On Friday, the Yes Bank stock on NSE closed 0.39% at ₹38.7.
