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Business News/ Industry / Yes Bank to raise about Rs5,500 crore in next 12 months
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Yes Bank to raise about Rs5,500 crore in next 12 months

Bank's CEO says around `2,500 crore to `3000 crore would be raised through infrastructure bonds around March

The bank will raise another `2,500 crore would be raised as hybrid capital to meet Basel III requirements from domestic markets. Photo: BloombergPremium
The bank will raise another `2,500 crore would be raised as hybrid capital to meet Basel III requirements from domestic markets. Photo: Bloomberg

Kolkata: Private sector Yes Bank will raise around 5,500 crore in the next 12 months, its managing director and chief executive officer (CEO) Rana Kapoor said on Wednesday.

Speaking to reporters on the sidelines of Bengal Global Business Summit in Kolkata on Wednesday, Kapoor said around 2,500 crore to 3000 crore would be raised through infrastructure bonds around March.

Another 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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Published: 07 Jan 2015, 09:25 PM IST
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