Comments
Private sector lender YES Bank today said it has raised Rs 545 crore by issuing Basel-III complaint Tier-II bonds.
“The bank has successfully raised Rs 545 crore from Basel-III compliant Tier-II bonds on private placement basis. The issue was closed on March 31, 2016,” YES Bank said in a regulatory filing.
It further said: “The issue was rated “ICRA AA+ hyb” by ICRA and “CARE AA+” by CARE. The bonds will be listed on the BSE Ltd.”
YES Bank shares were trading up by 1.18 per cent at Rs 865.80 apiece on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.