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| Exchange Disseminated Time 20/10/2016 12:25:46 | Yes Bank Ltd has informed BSE that the Board of Directors of the Bank on October 20, 2016, has reiterated its approval on the following:
1. Raising of funds by way of Qualified Institutions Placement (QIP) up to US$ 1 billion in one or more tranches on such terms and conditions as may be decided by the Capital Raising Committee of the Board of Directors.
2. Raising of funds by way of issuance of debt securities including but not limited to non-convertible debentures, Medium Term Notes, bonds within the overall limit of Rs. 10,000 Crore (in INR or FCY) by the Bank, in one or more tranches and/or series, in domestic and /or overseas market, as per the agreed structure and within the limits permitted by RBI and other regulatory authorities, to eligible investors on private placement basis. |
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