CARE

ICRA

CRISIL

Global private equity firm Advent International is conducting due diligence to invest up to $1 billion (about Rs 7,500 crore) worth equity capital in Yes Bank Ltd. The conversations between the bank and the investor, though, are still in early stages and there is no certainty that a binding offer will be made.

Yes Bank Gets Investment Interest from PE Firm Advent International

The capital raising committee of the board of YES Bank will meet on February 11 to consider a proposal to seek investor approval for early redemption of Basel II Tier 2 bonds.

Yes Bank Board’s capital raising committee to meet on Feb 11

The asset quality parameters continue to remain under pressure with moderate recovery in the corporate NPAs and slippages in the retail and MSME advances book impacted by Covid-19 induced lockdown.

Although, the bank’s capitalization levels are adequate, the profitability of the bank remains weak due to higher provisioning. Further, the bank had high amount debt accounts, which could impact the profitability in the near term.

Additional tier 1 bonds of YES Bank defaulted in the year 2020. Owing to its deteriorating financial position, Yes Bank, one of India’s largest private banks, wrote down INR 8,415 crore worth of its Additional Tier 1 (“AT1”) Bonds in March 2020.

 The issuer has made timely interest payment.

Sunil Mehta, Chairman

Prashant Kumar, MD & CEO

The bank has witnessed strong systemic support as it was reconstructed and the moratorium on the bank was lifted on March 18, 2020.

The bank’s deposits have grown as on December 31, 2021 showing 26% growth (y-o-y) with CASA deposit base constituting 30.4% of total deposits resulting in Credit / Deposit ratio declining to ~96% as on December 31, 2021 as compared to ~102% as on March 31, 2021.

The company changed its approach and has focus on granularization of its loan book and within corporate segment, it has focus on working capital and transaction banking business.

9.15%Yes Bank Limited 30 Jun 2025

ISIN:

INE528G08287

YOUR EARNING

Your Investment

Final Payout

₹0

Year

Payment Schedule(Date)

Interest Payout(₹)

*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)

YOUR RISK

A / Positive

CARE

A- / Positive

ICRA

A / Positive

CRISIL

Tier 2

Unsecured

ISSUER

Yes Bank Limited

Recent News

Yes Bank Gets Investment Interest from PE Firm Advent International

Yes Bank Board’s capital raising committee to meet on Feb 11

Related Videos

Bank Bonds

Seniority Ranking

STEPS TO BUY THIS BOND

Information required for KYC

PAN Card

Bank Account Proof

Aadhaar Card

Demat Account Proof

How to exit the investment?

To know more about the Bond and the issuer, download the Information Memorandum.

To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.

₹99.9509

Price

9.1500%

Yield

Principal Amount

Accrued Interest from

Face Value

Market Value

Stamp Duty

Total Investment

as on Jul 29, 2024

as on Jul 30, 2024

similar bonds

7.36% India Infrastructure Finance Company Limited (Tax free) 22 Jan 2028

22 Jan, 2028

Maturity Date

₹10,00,000

Minimum Qty

INE787H07149

ISIN

Yearly

IP Frequency

5.2593%

Yield

₹106.4908

Price

9.45% SMFG India Credit Company Limited 20 Jul 2028

20 Jul, 2028

Maturity Date

₹10,00,000

Minimum Qty

INE535H08736

ISIN

Yearly

IP Frequency

8.3702%

Yield

₹103.5114

Price

11.75% Capital Small Finance Bank Limited 30 Mar 2030

31 Mar, 2025

Call Date

₹10,00,000