YES Bank plans to raise $210 million

YES Bank plans to raise $210 million
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First Published: Fri, Jun 15 2007. 10 28 PM IST
Updated: Fri, Jun 15 2007. 10 28 PM IST
Yes Bank, an Indian lender partly owned by Rabobank Group of the Netherlands, plans to raise as much as $210 million (Rs858 crore) selling shares and debt this year, Ajay Mahajan, group president, said. “There is a plan to raise money in a private placement of shares but it is still early days,” Mahajan said. “It could be potentially as much as Rs400 crore.”
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First Published: Fri, Jun 15 2007. 10 28 PM IST