ESAF Small Finance Bank raises Rs 85 crore via NCDs

ESAF Small Finance Bank (ESAF SFB) has raised Rs 85 crore through the allotment of 8500 listed, rated, taxable, unsecured, transferable, redeemable, fully paid up, Basel II complaint lower Tier II subordinated bonds in the nature of non-convertible debentures (NCDs) having face value of Rs 1,00,000 each on a private placement basis. The Allotment Committee of Executives of the Bank on June 25, 2026 has accorded its approval for same. 

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