Yes Bank, one of the leading private sector banks, witnessed a rise in share price on Thursday after the board of directors of the bank have approved the management proposal to seek final approval of shareholders for increase in the limit for the FII / FPI of upto  maximum 74% of the paid up share capital of the bank from the existing limit of 49% of the paid up share capital, considering the following.

Shares of the bank are trading at Rs 847.50, up Rs 51.75, or 6.50% at the Bombay Stock Exchange (BSE) on Thursday at 2:34 p.m.

The scrip has touched an intra-day high of Rs 853 and low of Rs 804.20. The total volume of shares traded at the BSE is 901,570.