Yes Bank to lift fund by way of bonds in Indian/overseas forex

Yes Bank plans to lift funds in Indian or overseas forex by issuing debt securities, it mentioned on Monday.
A gathering of the board of administrators of Yes Bank will likely be held on Thursday, June 10, 2021, to contemplate, approve and search shareholders’ approval for borrowing/elevating funds, the financial institution mentioned in a regulatory submitting with out quantifying the quantity.
The financial institution mentioned it’ll increase funds in “Indian/foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds, medium term note.”
Yes Bank inventory traded 5.75 per cent up at Rs 14.52 apiece on BSE.