Business Standard

Board of AU Small Finance Bank approves capital raising up to Rs 500 cr

Image

Capital Market
The Board of AU Small Finance Bank at its meeting held on 22 November 2018 has approved to augment the capital by issue of Basel II compliant, Tier II, Non-Convertible Redeemable Bonds in INR, being classified as subordinated debt in one or more tranches upto Rs. 500 crore including green shoe option.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 22 2018 | 4:11 PM IST

Explore News