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India’s Yes Bank raises Rs. 1.5 billion via issuance of tier 2 bonds
By Marisa Wong
Morgantown, W.Va., Dec. 31 – Yes Bank Ltd. said it raised Rs. 1.5 billion from an issue of Basel III-compliant tier 2 bonds.
The issue closed on Thursday, according to a company notice delivered to the Bombay Stock Exchange.
The private sector bank has headquarters in Mumbai.
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