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Yes Bank planning to raise funds

10 Apr 2018 Evaluate

Yes Bank is planning to borrow/raise funds in Indian/foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds, MTN. The meeting of the Board of Directors of the Bank will be held on April 26, 2018, to consider the same.

The bank is also planning to raise funds by way of issuance of equity shares including but not limited through preferential issue and/ or Qualified Institutions Placement (QIP)/Global Depository Receipts (GDRs)/American Depository Receipts (ADRs)/Foreign Currency Convertible Bonds (FCCBs)/or any other methods on private placement basis, subject to regulatory approvals.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

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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