IDBI Bank’s board of directors has approved the rupee bond borrowing limit of Rs 8,000 crore for the next fiscal year (FY23) beginning April 1. It will comprise additional tier I (AT-1) bonds up to Rs 3,000 crore and senior/infrastructure bonds up to Rs 1,000 crore by way of private placement during FY23. The board of directors, at its meeting held on March 29, 2022, has approved the rupee bond borrowing limit.
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