Search result for 'tier-ii bonds'

AU Small Finance Bank has raised Rs 770 crore through Tier-II bonds to fund business growth. The 10-year bonds carry a 9.20% coupon rate and are expected to boost the bank's capital adequacy ratio.

State-owned IREDA raised Rs 910 crore through bond issuance to enhance Tier-II capital and support green energy financing, reflecting investor confidence in its financial strength and strategic...

State-owned Bank of Baroda (BoB) has raised Rs 5,000 crore through a 10-year infrastructure bond issuance, its second in a fortnight. The bank squeezed the pricing to 7.26%, the tightest in recent...

SBI raised Rs 7,500 crore through its first Basel III-compliant tier-2 bond issuance for FY24, attracting bids exceeding Rs 8,800 crore. The bonds carry a 7.42% coupon rate and mature in 15 years.

Bank of Baroda's net profit for the June quarter rose 6.19% to Rs 4,727.81 crore as the bank calibrated loan growth. Read more.