Yes Bank Limited — Important, 19-04-2025: Updates

YES Bank has disclosed details regarding its Green Infrastructure Bonds, following the requirements set by the SEBI Circular. As of March 31, 2025, the bank has three Green Bonds outstanding, including the INR 315 crore bond issued in August 2015, which has not yet allocated proceeds. The proceeds from the matured INR 1,000 crore bond (February 2015) have been utilized for various renewable energy projects, significantly contributing to carbon dioxide emissions reduction.

DNV Business Assurance India conducted an independent verification of the utilization of the funds, ensuring compliance with the Green Bond Principles. Their review confirms that, for FY2024-25, the Green Bonds issued by YES Bank align with the required standards, supporting the bank's ongoing commitment to sustainable financing. Investors should monitor these developments closely, as adherence to green financing principles may enhance the bank's market reputation and growth potential in sustainability-focused investing.