39900-014: SUBORDINATED LOAN IN YES BANK LIMITED (YBL)

Project Data Sheet (PDS): Overview


Description

The proposed project is in line with the objectives of the ADB's Financial Sector Program Loan (FSPL) to help in the modernization of the Indian financial sector by providing capital and strengthening selected private sector banks. The proposed loan from ADB will enable YBL to diversify and improve its capital structure and expand its operations. It will also catalyze additional long-term funding in local currency from outside sources both to YBL and other private sector banks in India ... Read More

Country India
Borrower/Equity Investment Name YES BANK LIMITED
Project Number 39900-014
Type or Modality of Assistance PS
TA
Financing Private sector (Nonsovereign)
Status
Approval Numbers 7217
Approval Date 23 Aug 2005
Geographical Location Mumbai
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Peter Marro
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

Last PDS Update
31 Oct 2006

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