Equitas Small Finance Bank approves ₹500 crore NCD fundraise
Equitas Small Finance Bank’s board approved issuance of up to 50,000 non-convertible debentures with face value of ₹1,00,000 each, targeting up to ₹500 crore in a single series.
Equitas Small Finance Bank’s board on Wednesday approved a capital raise through the issue of up to 50,000 non-convertible debentures, each with a face value of ₹1,00,000. The aggregate fundraise of up to ₹500 crore will be raised in a single series and will be categorised as…