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Yes Bank gets nod to raise Rs 10,000 crore by issuing debt securities

11 Jun 2021 Evaluate

Yes Bank has received an approval for borrowing funds in Indian/foreign currency up to Rs 10,000 crore by issuing debt securities. The types of debt securities to be issued include non-convertible debentures, bonds, medium-term note (MTN), among others. The board of directors in its meeting held on June 10, 2021, considered and approved seeking shareholders' approval for 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 707.25
ICICI Bank 1318.60
Axis Bank 1226.80
Kotak Mahindra Bank 416.00
Indusind Bank 886.75
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