Yes Bank Ltd on Tuesday acquired more than 17 percent stake in Fortis Healthcare Ltd post invocation of pledge on the equity shares subsequent to default by the promoters group companies. 89,781,906 equity shares were acquired i.e. 17.31 percent of the paid up share capital of Fortis Healthcare Ltd, having nominal value of Rs 10 per share, Yes Bank said in a regulatory filing to exchanges.

CHENNAI: Yes Bank has told the BSE that it has received necessary board approval for raising debt to the tune of Rs 3,000 crore.

Yes Bank told the BSE on Wednesday that it would be raising Rs 3,000 crore via debentures -- that are rated, listed, non-convertible, redeemable, unsecured, basel III compliant tier-2 bonds -- after it got the go-ahead from its Capital Raising Committee.

Private sector lender Yes Bank today said it will raise $600 million (approx Rs 3,830 crore) through issuance of fixed term notes under its $1 billion Medium Term Note (MTN) programme. “The Capital Raising Committee of the board..apporved the issuance and allotment of fixed term notes for an aggregate principal amount of $600 million under the $1 billion Medium Term Note Programme of the bank,” Yes Bank said in a BSE filing.

Yes Bank on Monday priced its five-year dollar bonds at 130 basis points over the five-year US Treasury yield, sources aware of the deal confirmed to FE. The bank is believed to have raised $600 million through the issue, which is the first foreign currency bond offering by the lender. The initial price guidance on the bonds was 150 basis points over the Treasury yield, according to sources. This means the spread narrowed by 20 basis points, which is considered a significant compression for a debut issuer, a banker said.

Private lender YES Bank is slated to unveil its earnings numbers for the December quarter on Thursday.

Analysts see an over 20 per cent year-on-year growth in the bank's bottom line with robust asset quality.

Private sector lender Yes Bank today said it has established a Medium Term Note programme to raise $1 billion (over 6,400 crore) by issuing debt securities on private placement basis. “…The Bank has, on December 22, 2017, established a Medium Term Note programme for an amount of $1 billion, in order to enable the bank to issue debt instruments in the international capital markets, to eligible investors, from time to time, in one or more tranches and/or series,” Yes Bank said in a regulatory filing.

Yes Bank and the European Investment Bank will co-finance $400 million funding for renewable power generation in the country.

"The new financing programme will streamline financing for a range of renewable energy projects being built and operated by leading Indian corporations and private sector developers," Yes Bank and EIB said in a joint statement issued here today.

YES Bank will join the list of 30 most tracked stocks in the bellwether index S&P BSE Sensex from next week.

YES Bank will be included in the S&P BSE Sensex comprising of 30 companies with effect from December 18, 2017, Yes Bank said in a regulatory filing.

New Delhi: Yes Bank Ltd will join the list of 30 most tracked stocks in the bellwether index S&P BSE Sensex from next week.

Yes Bank will be included in the S&P BSE Sensex comprising of 30 companies with effect from 18 December 2017, Yes Bank said in a regulatory filing.

Private sector lender YES Bank has raised $400 million in syndicated loans from lenders in Taiwan and Japan for on-lending to clients.

It exercised a greenshoe option to raise $250 million in a five-year commercial loan from 17 Taiwanese banks, a statement said. In Japan, it raised JPY 16.5 billion or $150 million from eight lenders in a one-year loan in a maiden transaction.

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