Esaf Small Finance Bank has informed that the Board of Directors of the Bank, in its meeting held on Friday, February 23, 2024, has considered and approved the proposal to raise funds by way of issuance of Listed, Rated, Taxable, Unsecured, Transferable, Redeemable, Fully Paid-Up, Basel II Compliant Lower Tier II Subordinated Bonds in the form of Non-Convertible Debentures (Tier ll Bonds), aggregating upto Rs. 75 Crores (Seventy-Five Crores) on a Private Placement basis.
The above information is a part of company’s filings submitted to BSE.
