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IDBI Bank Ltd.

BSE: 500116 Sector: Financials
NSE: IDBI ISIN Code: INE008A01015
BSE 00:00 | 24 Apr 2020 IDBI Bank Ltd
NSE 05:30 | 01 Jan 1970 IDBI Bank Ltd

Outcome Of Board Meeting For Issue Of Rupee Bond For FY 2020-21

April 8, 2020, 6:38 pm | Source: BSE

In continuation of our earlier disclosure dated April 03 2020 it is hereby informed that the Board of Directors at its meeting held on Wednesday April 08 2020 has approved the Rupee Bond Borrowing limit of 7500 crore for FY 2020-21 to be borrowed in one or more tranches comprising of Additional Tier I Bonds up
to 3000 crore Basel III Tier 2 bonds up to 3500 crore and Senior/Infrastructure Bonds up to 1000 crore by way of private placement during FY 2020-21.

You are requested to kindly take the above intimation on record in terms of Regulations 30 & 52 of the SEBI (LODR) Regulations 2015