Yes Bank to raise fund via bonds in Indian/foreign currency

By: |
June 07, 2021 2:09 PM

A meeting of the board of directors of Yes Bank will be held on Thursday, June 10, 2021, to consider, approve and seek shareholders' approval for borrowing/raising funds, the bank said in a regulatory filing without quantifying the amount.

Yes bank share priceYes Bank had hit a 52-week high of Rs 28.30 in July last year, while a low of Rs 11.10 on July 28, 2021

Yes Bank plans to raise funds in Indian or foreign currency by issuing debt securities, it said on Monday.

A meeting of the board of directors of Yes Bank will be held on Thursday, June 10, 2021, to consider, approve and seek shareholders’ approval for borrowing/raising funds, the bank said in a regulatory filing without quantifying the amount.

The bank said it will raise funds in “Indian/foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds, medium term note.”

Yes Bank stock traded 5.75 per cent up at Rs 14.52 apiece on BSE

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Gold tumbles Rs 302; silver declines Rs 81
2Bharat Bond ETF third tranche to hit markets on Dec 3 to raise around Rs 5,000 cr
3Cane arrear reaches Rs 4,445 cr in 2020-21 season, maximum in UP: Centre