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IDBI Bank redeems $500 million Senior Notes

27 Mar 2018 Evaluate

IDBI Bank has redeemed $500 million 4.375% Senior Notes on March 26, 2018, which are listed on the Singapore Exchange Securities Trading and Issued under its $5 billion MTN Program (ISIN XS0832492267) for an aggregate principal amount of $500,000,000 together with accrued interest from the last interest payment date.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

Peers
Company Name CMP
HDFC Bank 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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