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Yes Bank raises Rs 545 crore to meet Basel III norms

04 Apr 2016 Evaluate

Yes Bank, the country’s fifth largest private sector bank, has raised Rs 545 crore of bonds on a private placement basis to meet its Basel III capital requirements. The issue was closed on March 31, 2016. The issue was rated ‘AA+ hyb’ by ICRA and ‘AA+’ by CARE.

Yes Bank, India’s fifth largest private sector Bank, has a pan India presence across all 29 states and 7 Union Territories of India. The bank has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

Peers
Company Name CMP
HDFC Bank 705.70
ICICI Bank 1315.60
Axis Bank 1227.20
Kotak Mahindra Bank 414.25
Indusind Bank 884.10
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