On private placement basis
Yes Bank announced that the Bank has necessary approvals from the Board of Directors and Shareholders to borrow/ raise funds in Indian /foreign currency by issue of debt securities including but not limited to non-convertible debentures, MTN (Medium Term Notes), bonds (including bonds forming part of Tier I/ Tier II capital in accordance with and subject to the terms and conditions specified in the Basel III Capital Regulations prescribed by RBI, long-term infrastructure bonds or such other securities as may be permitted by RBI from time to time) upto Rs. 10,000 crore (Rupees Ten Thousand Crores Only) by the Bank, in one or more tranches on private placement basis from time to time.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
