MoneyWorks4Me

IDFC First Bank raises Rs 1500 crore through bonds

01 Dec 2022 Evaluate

IDFC First Bank has raised Rs 1500 crore through allotment of 1,500 Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable Bonds, Basel III compliant, Tier 2 capital (in the nature of Debentures) for a face value of Rs 1 crore each. Date of maturity of said NCDs will be on December 01, 2032.

IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.

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
View more..