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IndusInd Bank allots Basel III compliance Bonds aggregating Rs 2800 cr

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Capital Market
Last Updated : Oct 29 2021 | 4:16 PM IST

On private placement basis

IndusInd Bank has allotted 2,800 Rated, Listed, Non-Convertible, Subordinated and Unsecured Basel III Compliant Bonds in the nature of Debentures towards Non-Equity Regulatory Tier 2 Capital (T2 Bonds), for Face Value of Rs.1,00,00,000 each for cash aggregating to Rs. 2,800 crore on Private Placement basis.

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First Published: Oct 29 2021 | 3:59 PM IST

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