Mumbai-headquartered YES Bank will raise around ₹5,500 crore over the next 12 months, its Managing Director and CEO, Rana Kapoor, said here on Wednesday.
According to him, between ₹ 2,500 crore and ₹ 3,000 crore will be raised around March this year through infrastructure bonds.
Another ₹ 2,500 crore-odd will be raised as hybrid Basel-III capital from domestic markets. This will be done "latest by September this year".
"A fair amount of de-risking has been done in the infrastructure sector and hence we see growth opportunities there," he told reporters on the sidelines of the Bengal Global Business Summit organised here in the city.
The bank, he said, was aiming at a near 27-30 per cent growth in the coming days (fiscal), provided the economy improves and attain the 6.5 per cent GDP levels.
"If there is an economic revival and GDP levels are back at 6.5 per cent, we are looking at a 4 to 4.5 time multiplier. Hence growth (for the bank) will be around 27-30 per cent," he said.
YES Bank, Kapoor said, would work on its retail portfolio to include home loans and credit cards too.
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