Board of AU Small Finance Bank approves capital raising up to Rs 500 cr

The Board of AU Small Finance Bank at its meeting held on 22 November 2018 has approved to augment the capital by issue of Basel II compliant, Tier II, Non-Convertible Redeemable Bonds in INR, being classified as subordinated debt in one or more tranches upto Rs. 500 crore including green shoe option.

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