Yes Bank Raises INR 3000 Crore From Bonds
Saturday, December 24, 2016, 4:49 PM
Private sector Yes Bank said it has raised INR 3000 crore from bonds to fund business expansion. With this capital rising, the bank's Tier-I Capital Ratio will be at 12 percent including profits and adjusted for pro-rata dividends, Said Yes Bank. The bonds carry a coupon rate of 9.50% per annum.