India’s Yes Bank raises Rs. 1.5 billion via Basel 3 tier 2 bond issue

By Sarah Lizee

Olympia, Wash., Oct. 3 – Yes Bank Ltd. notified the Bombay Stock Exchange that it raised Rs. 1.5 billion from an issue of Basel 3 compliant tier 2 bonds.

The bonds were issued in a private placement.

Yes Bank is a private sector bank with headquarters in Mumbai.

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