MoneyWorks4Me

Yes Bank gets nod to raise Rs 10,000 crore through various ways

11 Jan 2020 Evaluate

Yes Bank has received approval for raising funds upto Rs 10,000 crore, in one or more tranches, on such terms and conditions as it may deem fit, by way of issuance of securities including but not limited through 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. The Board of Directors of the bank at its meeting held on January 10, 2020 has approved the same.

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 692.10
ICICI Bank 1395.00
Axis Bank 1214.05
Kotak Mahindra Bank 430.10
Indusind Bank 835.00
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