Yes Bank has received approval for borrowing/raising funds in Indian/foreign currency up to an amount of Rs 2,500 crore by issue of debt securities including but not limited to non-convertible debentures, bonds, Medium Term Note (MTN) etc. in terms of Section 42, 71 and other applicable provisions of the Companies Act, 2013 read with Rules thereunder, SEBI (Issue and Listing of Debt Securities) Regulations, 2008, the SEBI Listing Regulations and other applicable laws, if any, which is subject to necessary approvals from shareholders/ regulators, as applicable.
The Board of Directors of the Bank in its meeting held on June 23, 2023, have considered and 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.
