Suryoday Small Finance Bank approves up to ₹200 crore NCD issue
The bank approved raising up to ₹200 crore via Lower Tier II non-convertible debentures in a single series through private placement.
Private lender Suryoday Small Finance Bank Ltd on Monday, September 21, approved raising up to ₹200 crore through the issuance of Lower Tier II non-convertible debentures in a single series on a private placement basis. The NCDs will be rated, listed, unsecured, subordinated, transferable and redeemable.