Outcome of board meeting of Yes Bank

Held on 20 October 2016

Yes Bank announced that the Board of Directors of the Bank at its meeting held on 20 October 2016 reiterated its approval on the following -

Raising fund by way of QIP up to USD 1 million in one or more tranches.

Raising 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 10000 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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