Private sector Yes Bank is planning to raise around Rs 5,500 crore in the next 12 months. The bank will raise Rs 2,500 crore to Rs 3000 crore through infrastructure bonds around March, while another Rs 2,500 crore would be raised as hybrid capital to meet Basel III requirements from domestic markets. The bank was also working on plans to enter home loan and credit card segments.
Yes Bank has pioneered several innovations including Card to Card transfer, Discount Coupons on ATMs, etc at its network of 1150+ state of the art ATMs across the country.
