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RBL Bank informs about outcome of board meeting

29 Apr 2022 Evaluate

In furtherance to letter dated April 26, 2022 and in accordance with the provisions of Regulation 30 of the SEBI Listing Regulations, RBL Bank has informed that the Board of Directors of Bank, at its meeting held today April 29, 2022, accorded its approval to raise or borrow monies by issue of USD denominated unsecured Tier 2 subordinated notes in accordance with the Reserve Bank of India's (‘RBI’) Master Circular- Basel Ill Capital Regulations dated April 1, 2022, as amended from time to time (‘Basel Ill Capital Regulations’) aggregating up to $100,000,000 (the ‘Notes’) offered under Section 4(a)(2) of the United States Securities Act of 1933, as amended to identified investors. The meeting of the Board of Directors of the Bank commenced at 3.00 m and concluded at 3.25 pm.

The above information is a part of company’s filings submitted to BSE.

RBL Bank Share Price

315.75 -0.25 (-0.08%)
17-Apr-2026 16:59 View Price Chart
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