Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting regarding fundraising programme
Date of Board Meeting / Approval: September 7, 2026
Meeting Duration: Commenced at 12:30 p.m. IST and concluded at 12:54 p.m. IST
Corporate Actions:
The Board of Directors approved the following:
1. Establishment of EMTN Programme: Approval to establish a Euro Medium Term Note Programme (EMTN Programme) in accordance with Regulation S of the U.S. Securities Act, 1933
- Subject to regulatory, statutory and other required approvals
2. Fundraising Authorization: Approval to enable issuance of foreign currency bonds/notes/debt securities up to US $1,000,000,000 (USD one billion)
- Issuance to occur in the future, from time to time, through one or more transactions
- Subject to market conditions and regulatory compliances
- Funds to be raised through permissible modes under the EMTN Programme as per applicable laws
3. Delegation of Authority: Delegation of certain powers and authorities to the Borrowing Committee of the Bank
- The Committee is authorized to decide and undertake all necessary actions in connection with the EMTN Programme
- The Committee is authorized to decide and undertake all necessary actions in connection with the issuance of Securities
Important Restriction: The Securities will not be offered or sold to any investor in India.