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Board of Yes Bank approves various fund raising options and increase in borrowing limits

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Capital Market
Last Updated : Apr 26 2018 | 3:33 PM IST

At meeting held on 26 April 2018

The Board of Yes Bank at its meeting held on 26 April 2018 transacted and approved the following -

Raising of funds in Indian/ foreign currency by way of issuance of debt securities including upto Rs. 30,000 crore (in INR or FCY) by the Bank.

Raising of funds by way of issuance of equity capital upto US$1 Billion.

Increase in overall borrowing limit to Rs. 1,10,000 crore.

Recommendation for appointment of Subhash Chander Kalia (DIN- 00075644) as Non-Executive Non-Independent Director.

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First Published: Apr 26 2018 | 3:14 PM IST

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