- Tag results for Yes Bank
The bonds, set to mature on September 15, 2028, carry coupon rate of over 9.11 per cent payable annually.
Yes Bank had also recently raised USD 400 million through two syndicated loan transactions in Taiwan and Japan.
'Our footprint of branches is across country and we have now created rural and urban branches segregation,' Rajan Pental, Group President said.
Gross non-performing assets rose to 1.31 per cent of advances against 0.97 per cent last year, while net NPAs were up to 0.59 per cent from 0.39 per cent.
The bank will also be opening representative offices in London and Singapore as per recent approval from the Reserve Bank of India.
The borrowing limit of the bank has now been raised to Rs 1,10,000 crore, while shareholders approved a dividend of 135 per cent.
Yes Bank today got shareholders' nod for raising USD 1 billion (about Rs 6,700 crore) from various instruments, including Qualified Institutional Placements (QIPs).
The 30-share index, which had gained 579.96 points in the previous two sessions, added 156.67 points, or 0.44 per cent, at 35,081.54.
Private sector lender Yes Bank on Friday reported a sharp 29 per cent rise in net profit for the March quarter, clocking earnings to the tune of Rs 1,179.44 crore.
Net profit rose to 11.79 billion rupees (USD 176.50 million) in the quarter ended March 31, from 9.14 billion rupees a year earlier, the Mumbai-based bank said in a statement on Thursday.
Yes Bank opened its first representative office in Abu Dhabi in April 2015 and also launched IFSC banking unit (IBU) at GIFT City, Gandhinagar, in the same year.
The ICICI Bank statement said its solution digitises paper-intensive international trade finance process as an electronic, distributed and unalterable ledger.
Private sector lender Yes Bank today said its capital-raising committee has approved the issue of Rs 3,000 crore Basel III compliant tier 2 bonds.
Global Securities Market (GSM) of India INX is the country’s first international exchange located at International Financial Services Centre, GIFT City in Gujarat.
Shares of Yes Bank today rose by over 2 per cent after the company reported a growth of 22 per cent in its net profit during the third quarter ended December 2017.