ESAF Small Finance Bank Secures ₹150 Crore Through Basel II Bonds

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Moneycontrol•23-01-2026, 15:13
ESAF Small Finance Bank Secures ₹150 Crore Through Basel II Bonds
- •ESAF Small Finance Bank successfully raised ₹150 crore via Basel II compliant lower Tier II subordinated bonds.
- •The bonds were issued through a private placement, with the allotment committee approving the issuance on January 23, 2026.
- •The bank allotted 15,000 listed, rated, taxable, unsecured, transferable, and redeemable non-convertible debentures (NCDs).
- •Each NCD has a face value of ₹1,00,000, totaling ₹150 crore for the entire issuance.
- •These NCDs are slated for listing on the Negotiated Trade Reporting Platform (NTRP) under the New Debt Market of the National Stock Exchange of India Limited (NSE).
Why It Matters: ESAF Small Finance Bank raised ₹150 crore through Basel II compliant bonds, strengthening its capital base.
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