Yes Bank makes a comeback to the bond market following 2020 write-off
According to a Bloomberg report, Yes Bank is set to re-enter the dollar bond market for the first time since it cancelled a high-risk bond investment in 2020, a period when the bank required a government-led rescue. The financial institution intends to launch a three-year dollar bond of benchmark size. This move follows a trend of Indian banks seeking to raise capital as part of broader efforts to encourage investment inflows.
by shortkt.com✓