IDBI BANK LTD. - 500116 - Outcome Of Board Meeting For Issue Of Rupee Bond For FY 2020-21
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, 201508-04-2020