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Yes Bank unveils Sovereign Gold Bond

06 Nov 2015 Evaluate

Yes Bank, India’s fifth largest private sector Bank, has unveiled Sovereign Gold Bond. The Sovereign Gold Bonds will offer an interest rate of 2.75% and will remain open for public subscription between November, 5-20, 2015. The gold bond scheme will offer investors a choice to buy bonds worth 2 grams of gold up to a maximum of 500 grams. Beside, the bank is also in the process of fine tuning launch of its Gold Monetization Scheme. 

Yes Bank today leverages its 700 plus branch network, over 1300 ATMs, a wide range of offerings and a strong digital presence to offer best-in-class banking services for all customer segments with growing emphasis on retail banking customers.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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