IDFC First Bank has informed that the duly authorized Committee of the Board, at its meeting held today, i.e., December 01, 2022, has approved the allotment of 1,500 Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable, Basel III compliant, Tier 2 capital, aggregating to nominal value of Rs 1,500 Crores.
The above information is a part of company’s filings submitted to BSE.
