Yes Bank to raise Rs 5,500 cr over next one year, says MD Rana Kapoor

hidden January 07, 2015 17:16:18 IST
Yes Bank to raise Rs 5,500 cr over next one year, says MD Rana Kapoor

Kolkata: Private sector Yes Bank will raise around Rs 5,500 crore in the next 12 months, its MD and CEO Rana Kapoor said today.

Yes Bank to raise Rs 5500 cr over next one year says MD Rana Kapoor

Reuters

Speaking to reporters on the sidelines of Bengal Global Business Summit here today, 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.

PTI

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