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Yes Bank Raises $400 M Loans from Taiwan, Japan
November 23, 2017
Private sector Yes Bank has raised $400 in loans from the lenders in Japan and Taiwan. It raised $250 million in a five-year commercial loan from 17 banks in Taiwan and $150 million in a one-year loan in the maiden transaction from eight lenders in Japan. Overall, it’s foreign asset book stood at $1.4 billion in September.
This is the second time Yes Bank has raised money from Taiwan. Last year, it had raised $130 million in loans from 10 banks in Taiwan.
