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Corporate News

Equitas Small Finance Bank allotted Rs 500 crore in lower tier II bonds via private placement
25-Sep-2026, 04:13

Equitas Small Finance Bank Limited announced the allotment of 50,000 rated, listed, unsecured, subordinated, transferable, redeemable, fully paid-up lower tier II bonds in the nature of Non-Convertible Debentures, aggregating Rs 500 crore, on a private placement basis. The bonds, with a face value of Rs 100,000 each, will mature on September 25, 2036, and carry a coupon rate of 9.95% per annum, according to a regulatory filing with the National Stock Exchange of India Limited and BSE Limited.