Hall of Shame – Y

The following financial institutions beginning with “Y” appear in the 2014 Don’t Bank on the Bomb Hall of Shame. For the full list, or to lookup financial institutions by country, please see here.

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Yes Bank has made an estimated 2 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the underwriting of bond issuances by Yes Bank (India) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by Yes Bank

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Ltd 8 2 20-Mar-2014

Source: Thomson ONE Banker, “Bond and share issue underwritings”, viewed August 2014.

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