Key Transaction 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
  • Total Issue Size: ₹4,691 crore
  • Number of Bonds: 4,691
  • Coupon Rate: 7.75%
  • Tenor: Perpetual

Timeline and Process

  • Bidding Date: Conducted on 29.07.2026 via BSE's EBP platform
  • 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 allotment) or any anniversary date thereafter

Market Response and Listing

  • Total Bids Received: 89 bids
  • Listing Status: Proposed to be listed on both BSE Limited and National Stock Exchange of India Limited