Yes Bank rose 0.5 percentage to Rs 1,192.70 on BSE afterwards the depository fiscal establishment announced that the upper-case missive of the alphabet raising commission of the board would regard the proposal to heighten funds.
The proclamation was made afterwards marketplace hours yesterday, fifteen Dec 2016.
Meanwhile, the BSE Sensex was upwardly 17.70 points, or 0.07 percent, to 26,536.77.
On the BSE, 12,683 shares were traded inwards the counter together with hence far, compared amongst average daily book of 2.01 lakh shares inwards the past times 1 quarter. The stock had hitting a high of Rs 1,195.85 together with a depression of Rs 1,190 together with hence far during the day.
Yes Bank said that the upper-case missive of the alphabet raising commission (CRC) of the board of the depository fiscal establishment would regard the proposal to heighten funds past times issuing debt securities on someone placement basis, including the damage of the issue. The board volition regard to consequence tier 1, Basel III bonds on or afterwards 20
December 2016. The board volition too regard consequence of greenish infra bonds on or afterwards 23 Dec 2016.
The depository fiscal establishment said that it has necessary approvals from the board of directors together with shareholders to borrow/raise funds inwards Indian/foreign currency past times issue of debt securities including only non express to non-convertible debentures, medium term notes (MTN), bonds upto Rs 10000 crore past times the bank, inwards one or to a greater extent than tranches on someone placement footing from fourth dimension to time.
Yes Bank reported 31.3 percentage ascension inwards cyberspace profits to Rs 801.54 crore on 24.7 percentage ascension inwards full income to Rs 4982.23 crore inwards Q2 September 2016 over Q2 September 2015.
Yes Bank is 1 of the leading someone sector banks inwards India.
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