Yes Bank today said it will raise $100 million from bonds in the next three months to fund business growth and branch expansion.

"We intend to raise $100 million between July to September for meeting our growth plan," Yes Bank MD Rana Kapoor told reporters here.

Also Read   Related Stories News Now - Rajesh Verma appointed as DCB's treasury head - Huge push for consumption - Yes Bank to raise Rs 500 cr by September - YES Bank to double branches next year, up SME loans: MD - Deutsche Postbank Home Fin raises Rs 35 cr via NCDs - 'Small businesses spell big opportunity'

Also Read   Related Stories News Now - Markets post worst May performace since 2006 - US jobs data points to recovery losing momentum - FII-TO-FII TRADES: PNB traded at 5% premium - Sugar output up at 25.5 million tonne this year surpasses govt estimate - CoalMin identifies 54 blocks for allocation through auction More

This would be raised either from follow-on public offer or private placements, he said.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - US jobs data points to recovery losing momentum - FII-TO-FII TRADES: PNB traded at 5% premium - Sugar output up at 25.5 million tonne this year surpasses govt estimate - CoalMin identifies 54 blocks for allocation through auction

Tags : Yes Bank | Banking & Finance | bonds   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  1 billion in saving for Unilever without any tangles. -  One Partnership Endless Possibilities. Click here to know more -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More