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.