MoneyWorks4Me

Yes Bank raises Rs 1,500 crore under BASEL-III Compliant Tier-II Bonds

01 Jan 2016 Evaluate

Yes Bank has successfully raised Rs 1,500 crore of Basel III Compliant Tier II bonds. The issue was closed on December 31, 2015. The bonds will be listed on the Bombay Stock Exchange (BSE). The issue was rated ‘AA+ hyb’ by ICRA and ‘AA+’ by CARE.

Yes Bank is a new age private sector bank. The bank offers a full-range of client-focused corporate banking services, including working capital finance, specialized corporate finance, trade and transactional services, treasury risk management services, investment banking solutions etc.



Peers
Company Name CMP
HDFC Bank 711.20
ICICI Bank 1313.90
Axis Bank 1225.90
Kotak Mahindra Bank 417.60
Indusind Bank 892.25
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