trending Market Intelligence /marketintelligence/en/news-insights/trending/m0leve7pqfz8bhrr8j8mbw2 content esgSubNav
In This List

India's YES BANK to issue 30B rupees of debentures

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy

Blog

Commercial Banking Newsletter June Edition - 2022


India's YES BANK to issue 30B rupees of debentures

India-based YES BANK Ltd.'s board approved a plan to raise up to 30 billion rupees through an issuance of nonconvertible, redeemable, unsecured Basel III-compliant Tier 2 bonds, in the form of debentures.

The bank said Feb. 21 it has board and shareholders' approval to raise up to 200 billion rupees in local and foreign currencies via an issue of debt securities in one or more tranches on a private placement basis.

As of Feb. 21, US$1 was equivalent to 64.81 Indian rupees.