Midsize private sector lender Yes Bank today said it has recovered Rs 184 crore through the sale of the bankrupt Bhushan Steel to Tata Steel and it will result in a provision write-back of Rs 36 crore.
Yes Bank said it will lend Rs 750 cr to Mahindra Renewables Pvt. Ltd., part of the Mahindra Group, for constructing a 250 megawatt solar farm in the solar park at Rewa in Madhya Pradesh. The project has raised another Rs 200 cr from other financial institutions and achieved financial closure, the bank added. The […]
Private sector lender Yes Bank said on 17 January that it will mobilise $1 billion by 2023 for financing solar energy projects in India.
Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country.
Indian private sector lender Yes Bank is betting big on clean energy sector in India, as it has jointly invested $400 million with European Investment Bank (EIB), a long-term lending institution of the European Union, in new solar and wind projects in the country.
YES Bank and European Investment Bank, a long-term lending institution of the European Union, have joined hands for a USD 400 million fund for renewable energy projects in India over 15 years.
Canadian solar energy developer SkyPower Ltd has hired Yes Bank to sell a stake in its solar power projects in India, said two people aware of the development.
The Indian Renewable Energy Development Agency (IREDA) has received the Reserve Bank of India (RBI)’s approval for its masala bond issuance, two sources confirmed to FE.
India’s Yes Bank (BOM:532648) has signed a charter with three other lenders to finance renewable energy projects in the Asian country.
The investment metric on which Indian banks appear most eager to ape their Chinese peers is the price-to-truth ratio.