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Yes Bank raises Rs 5,415 crore via bonds issue

23 Oct 2017 Evaluate

Private sector lender Yes Bank has raised Rs 5,415 crore through bonds to fund business expansion. The bank has issued and allotted a Basel III compliant Additional Tier I Bonds through private placement for an aggregate amount of Rs 5,415 crore. The bank would offer a coupon rate of 9 percent.

Yes Bank is India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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