IDBI Bank has redeemed $500 million 3.75% Senior Notes (current outstanding $490,320,000) on January 25, 2019 which are listed on the Singapore Exchange Securities Trading and issued under its $5 billion MTN Program for an aggregate principal amount of $490,320,000 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.