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Yes Bank raises 1.82 bln rupees in debt
Monday, October 08, 2007 in.reuters.com
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Finance
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Yes bank, a private sector lender said that it had raised 1.82 billion rupees through private placement of bonds to augment its capital adequacy. In a statement it said that it had placed unsecured, redeemable, non-convertible, subordinated bonds worth 500 million rupees with an option to retain the oversubscription. The fund raising is part of a plan to raise 8.4 billion rupees in equity and debt
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