MoneyWorks4Me

Yes Bank gets nod to raise Rs 3,000 crore via bonds

21 Feb 2018 Evaluate

Yes Bank has received an approval to issue rated, listed, non-convertible, redeemable, unsecured, BASEL III compliant Tier 2 Bonds, in the nature of debentures, of Rs 10,00,000 each aggregating to Rs 3,000 crore and the offering documents in relation thereto. The Capital Raising Committee of the Board of the Bank on February 21, 2018, approved the same.

Yes Bank has a pan India presence across all 29 states and 7 Union Territories of India.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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