Board of IDBI Bank approves Rupee bond borrowing limit of Rs 8000 cr for FY22

Explore Business Standard
Associate Sponsors
Co-sponsor

At meeting held on 26 March 2021
The Board of IDBI Bank at its meeting held on 26 March 2021 has approved the Rupee Bond Borrowing limit of Rs. 8000 crore for FY 2021-22 to be borrowed in one or more tranches comprising of Additional Tier I (AT-1) Bonds up to Rs. 3000 crore and Senior/Infrastructure Bonds up to Rs. 1000 crore by way of private placement during FY 2021-22.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Mar 26 2021 | 4:33 PM IST