Yes Bank said it had successfully raised Rs 2,135 crore by placing long-term infrastructure bonds. The issue garnered Rs 2,135 crores against a base size of Rs 1000 crores, with Rs 1135 crores raised via exercising of the green shoe option. This is the single largest issuance of Infrastructure Bonds by Yes Bank till date. […]
Yes Bank said it will raise up to Rs 2500 crore by way of debentures. This will comprise Rs 1,000 crore of unsecured redeemable long-term bonds and a green shoe option for an additional Rs 1,500 crores. The bonds will be sold via private placement. The bank had earlier got shareholder approval to raise up […]
Yes bank, India’s 5th largest private sector bank, said its recently launched ´Yes tag´ ‘chat banking’ application has crossed 10,000 Transactions. Yes tag was launched recently by Yes bank and offers a ‘conversational smart banking’ experience and can be used to bank via five messaging platforms namely Facebook Messenger, Twitter, Skype, Telegram and WeChat. Users […]
YES Bank, the newest entrant to India’s banking sector, has turned out to be the most aggressive when it comes to taking advantage of India’s new payment infrastructure called UPI or Unified Payment Interface. While most banks are looking at UPI primarily as a replacement for cash transfer solutions like NEFT and IMPS, YES Bank […]
Yes Bank, one of India’s newest private sector banks, said it has no immediate plans of raising capital and denied media reports to the contrary. The bank, in a statement, said it has not appointed any merchant bankers to find buyers for any new securities or shares. Yes Bank was responding to media reports that […]
Yes Bank announced its April-June quarter results. Net Interest Income (NII) for Q1FY16 increased by 42.2% y-o-y to Rs 1,059.8 crore on account of strong growth in advances and expansion in NIM to 3.3%. from 3.0% in Q1FY15. Non Interest Income increased by 31.8% y-o-y to Rs 545.2 crore in Q1FY16 on back of continued […]
YES BANK, India’s 5th largest private sector Bank, has introduced a service using which any user owning any type of mobile phone with any operator can make mobile payments from anywhere, anytime without internet connectivity in a completely secure manner. For ‘YES PAYMENTS’, the bank has entered into a strategic partnership with TAISYS Technologies. Once […]
YES Bank, India’s 5th largest private sector Bank, received approval from the Reserve Bank of India to set up International Financial Services Centre Banking Units (IBUs) in Gujarat International Finance Tec City (GIFT). “Establishing the IBU will propel YES BANK’s growth plans further by providing it access to International financial markets, as well as provide […]
