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Board of Federal Bank to consider issuance of Tier II subordinated bonds up to Rs 700 cr

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Capital Market
Last Updated : Jan 07 2022 | 8:31 PM IST

On 12 January 2022

The Board of Federal Bank will meet on 12 January 2022 to consider and approve, inter-alia, the proposal to raise funds by way of issue of Unsecured Basel III Tier-II Subordinate Bonds in the nature of Debentures, amounting up to Rs. 700 crore on a private placement basis.

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First Published: Jan 07 2022 | 8:12 PM IST

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