ALPHA TRIBE

Equitas Small Finance Bank LimitedImportant, 05-08-2025: Updates

05-08-2025 | 11:43 am

Equitas Small Finance Bank has secured listing approval for 50,000 Lower Tier II Bonds (NCDs), raising ₹500 crore. These unsecured, subordinated bonds, with a face value of ₹1 lakh each, were issued via private placement. They carry 'IND AA-' (Stable) from India Ratings and 'CARE AA-' (Stable) from Care Ratings. This capital infusion strengthens the bank's financial position, supporting future growth initiatives and regulatory capital requirements. The bonds mature in July 2030, with annual interest payments starting July 2026.

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