YES Bank To Raise Rs 5,500 Crore In 2015

YES Bank To Raise Rs 5,500 Crore In 2015

Private sector Yes Bank said that it will raise around Rs 5,500 crore in the next 12 months. Talking to reporters MD and CEO Rana Kapoor said around Rs 2,500 crore to Rs 3000 crore would be raised through infrastructure bonds around March. Another Rs 2,500 crore would be raised as hybrid capital to meet Basel III requirements from domestic markets. The bank was also working on plans to enter home loan and credit card segments, he added.

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