Private sector bank Yes Bank has increased the size of placement to institutions to $225 million from $150 million,Managing Director Rana Kapoor said on television channel on Thursday. The bank increased the size of the fundraising due to strong demand from investors,Kapoor said. The floor price for the placement of shares is 269.46 rupees per share,according to the bank's offer document. The bank had approval to raise up to $250 million through equity dilution. At 0431 GMT,shares in Yes Bank ware down 1.8 per cent at 267.70 rupees in a Mumbai market down 0.4 per cent.
