Fedbank Financial Services Allots NCDs Worth ₹450 Crores

Fedbank Financial Services allotted ₹450 crores in subordinated, unsecured NCDs via private placement on March 24, 2026.
Series I (₹250 crores, 7Y 7M, 8.85% p.a.) and Series II (₹200 crores, 7Y 8M, 8.90% p.a.) allotted via Board circular resolution.
This issuance is part of a ₹2,500 crore NCD programme approved by Board in August 2025 and shareholders in September 2025.
NCDs are proposed to be listed on BSE Limited; no security/charge created over assets.