Yes Bank on Thursday acquired board approval for elevating as much as Rs 10,000 crore by issuing debt securities.
The board of administrators in its assembly held on June 10, 2021, thought of and accredited looking for shareholders’ approval for borrowing funds in Indian/overseas forex as much as Rs 10,000 crore by issuing debt securities, Yes Bank stated in a regulatory submitting.
The kinds of debt securities to be issued embody non-convertible debentures, bonds, medium-term word (MTN), amongst others, the financial institution stated.
Yes Bank shares closed 3.03 per cent up at Rs 14.64 apiece on BSE.
(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)
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