Board of AU Small Finance Bank approves raising Tier II capital up to Rs 1,500 cr

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07 Mar 2025

Board of AU Small Finance Bank approves raising Tier II capital up to Rs 1,500 cr

The Board of AU Small Finance Bank at its meeting held on 07 March 2025 has approved issuance of Unsecured, Rated, Listed, Redeemable, Subordinated, Non-Convertible Lower Tier II Bonds in the nature of Non-Convertible Debentures categorized as Tier II Capital for an amount aggregating up to Rs. 1,500 crore.