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Yes Bank Raises INR 3000 Crore From Bonds

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.
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