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