India’s Yes Bank board approves $1 billion medium-term note program

By Tali Rackner

Minneapolis, Nov. 29 – Yes Bank Ltd. received board approval to set up a $1 billion medium-term note program, according to a notice.

Notes under the program are available to eligible investors, from time to time, in one or more tranches and/or series.

The board’s capital raising committee approved the proposal on Wednesday.

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

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