Yes Bank has successfully raised Rs 330 crore of Green Infrastructure Bonds through private placement. The said bonds will be listed on Bombay Stock Exchange (BSE). The date of allotment is December 29, 2016 and the tenure of the bond is seven years from date of allotment. The date of maturity is December 29, 2023. The unsecured bond carries coupon/interest rate of 7.62% per annum which will be paid yearly.
Yes Bank is India's fifth largest private sector Bank, founded by Rana Kapoor in 2004. Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades.
