Corporate News

09-Oct-2026, 04:21

Suryoday Small Finance Bank Limited announced that its board of directors approved the allotment of 200 Subordinated, Rated, Listed, Unsecured, Transferable, Redeemable, Fully Paid-Up Non-Convertible Debentures, categorized as Basel II Compliant Lower Tier II Capital, with an aggregate value of Rs 200 crore at a coupon rate of 10.05% per annum, fixed and payable semi-annually, on a private placement basis. The debentures, with a face value of Rs 10,00,000 each, will mature on October 9, 2036, and are proposed to be listed on the BSE Limited.