Date: 29.07.2026
Board Meeting Outcomes
Fundraising / Financing Details
- Issue Type: Non-convertible, Taxable, Perpetual, Subordinated, Unsecured, Fully Paid-up Basel III compliant Additional Tier 1 Bonds in the nature of debentures
- Face Value: ₹1 crore per bond
- Issue Size: ₹4,691 crore
- Number of Bonds: 4,691
- Issue Opening Date: 29.07.2026
- Issue Closing Date: 29.07.2026
- Deemed Date of Allotment & Pay-in Date: 30.07.2026
- Date of Call Option: 30.07.2031 (5th anniversary of Deemed Date of Allotment) or any anniversary date thereafter
- Tenor: Perpetual
- Coupon Rate: 7.75%
- Total Bids Received: 89 bids
- Listing Status: Proposed to be listed on BSE Limited and National Stock Exchange of India Limited