Latest


YES Bank's board considers early redemption of bonds

  •   Fri, Feb 11 2022 10:26:06 PM

New Delhi, Feb 11 (IANS): YES Bank's board considered and approved a proposal to seek investors' approval for early redemption of bond instruments worth Rs 1,764 crore.

The bonds are Basel II compliant Lower Tier II and Upper Tier II Bond, the bank said in a regulatory filing on Friday.

The decision was taken at a meeting of the Capital Raising Committee of the bank.

Total eight bond issuances that were issued during 2012, are up for early redemption.

These bond issuances are set to mature during 2022 and some in 2027, respectively, it added in the filing.

 
  

Top Stories


Leave a Comment

Title: YES Bank's board considers early redemption of bonds



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like