Date: October 15, 2026
Board Meeting Outcomes
- The Bank completed a direct assignment transaction comprising unsecured standard assets that qualify for Priority Sector Lending treatment
- The transaction was completed on October 15, 2026
- The Bank received the first tranche of ₹500 crores on October 15, 2026
- The transaction complies with guidelines prescribed by the Reserve Bank of India
Fundraising / Financing
- Transaction Type: Direct assignment of unsecured standard assets
- Asset Quality: Standard assets qualifying for Priority Sector Lending
- Amount Received: ₹500 crores (first tranche)
- Receipt Date: October 15, 2026
- Regulatory Compliance: In accordance with RBI's priority sector lending guidelines