MoneyWorks4Me

ESAF Small Finance Bank gets nod to raise Rs 250 crore via NCDs

22 Mar 2025 Evaluate

ESAF Small Finance Bank (ESAF SFB) has received approval for the proposal to raise Tier II capital in the form of Private Placement of Unsecured, Redeemable Non-Convertible Debentures (NCDs) aggregating upto Rs 250 crore in one or more tranches, during the current or subsequent financial year at an opportune time based on the requirement, in compliance with applicable RBI guidelines and other applicable laws, rules and regulations. The Board of Directors of the Bank, in its meeting held on March 21, 2025 has, inter alia, considered and approved the same. 

ESAF Small Finance Bank (ESAF SFB) the new age social bank continues to redefine the banking experience to all the stakeholders.


Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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