Yatra, Barclays’  new travel card
Yatra Online and Barclays will soon launch “Yatra Barclaycard,” an online-travel co-branded credit card. Especially designed for the fast growing Indian travellers, the Yatra Barclaycard comes with a multi-carrier frequent flier programme and offers wide global acceptability, flexibility on credit limits and the Yatra Miles programme reports DHNS  from Mumbai.  

Yes Bank raises Rs 182 crore
Yes Bank on Monday in Mumbai announced that it has raised Rs 182 crore ($45.5 million) of upper tier-II subordinated debt through private placement. The size of the issue was Rs 50 crore ($12.5 million) with an option to retain the entire amount of over-subscription, said an official release here.

The bank received subscription for the entire issue including the greenshoe option of Rs 132 crore ($33 million). The bonds were rated LA+ by ICRA and A+ by CARE, and have a maturity of 15 years.

The equity and debt capital raising initiatives are a part of the bank’s overall plan to raise up to Rs 840 crore ($210 million). It proposes to raise Rs 450-500 crore ($120 million) through primary issuance of 20 million shares. 
ING Vysya Life’s capital, Rs 790 cr
ING Vysya Life on Monday announced a capital infusion of an additional Rs 25 crore, which increased its paid up capital to Rs 790 crore. To support its business expansion, the promoters of ING Vysya Life will infuse capital of Rs 550 crore in the near future which will eventually raise the total paid up capital to Rs 1,340 crore.

The company recently launched ING Positive Life, a Unit Linked Saving Solution. The product comes with simple documentation and quick processing of the policy, said a release. The company currently has 21 life insurance products including eight Unit Linked products, which are available through its diversified distribution platform.
 
Shriram EPC files DRHP with SEBI
Shriram EPC Ltd on Monday announced in Mumbai, that it has filed its Draft Red Herring Prospectus (DRHP) with the Sebi to enter the capital market with its IPO of equity shares. It also proposes to issue 5,000,000 Equity Shares of Rs 10 each for cash at a price to be decided. It plans to invest the proceeds in its subsidiary & associate companies, fund purchases of plant and equipment for pipe rehabilitation projects.