MoneyWorks4Me

Yes Bank raises funds worth Rs 3,042 crore on private placement basis

18 Sep 2018 Evaluate

Yes Bank has raised funds worth Rs 3,042 crore on private placement basis. The Capital Raising Committee of the Board of the Bank, on September 17, 2018, has approved the issue and allotment of 30,420 Rated, Listed, Non-Convertible, Redeemable, Unsecured, BASEL III compliant Tier 2 Bonds, in the nature of debentures, of Rs 10 lakh each aggregating to Rs 3,042 crore on private placement basis.

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
View more..