Yes Bank, one of the leading private sector banks registered a rise in share price on Tuesday after the bank has successfully raised equivalent of USD 422 million by way of dual currency multi-tenor syndicated loan facility. The said facility shall be utilized for general corporate purpose.

The facility has a maturity of 1, 2 and 3 years. The loan has been widely distributed with commitments being received from 21 banks, representing 14 countries across the US, Europe, Africa, Middle East, Japan, Taiwan & Autralia with larger commitment coming in the 2 & 3 year tranches.

Shares of the bank are trading at Rs 624.50, up Rs 10.65, or 1.73% at the Bombay Stock Exchange (BSE) on Tuesday at 10:54 a.m.

The scrip has touched an intra-day high of Rs 625 and low of Rs 612.15. The total volume of shares traded at the BSE is 77,871.