Equitas Small Finance Bank raises Rs 500 cr in Lower Tier II bonds

Equitas Small Finance Bank has allotted 50,000 Rated, Listed, Unsecured, Subordinated, Transferable, Redeemable, Fully Paid Up, Lower Tier II Bonds in the nature of Non-Convertible Debentures having a face value of Rs.1,00,000 each, aggregating Rs.500 crore, issued on private placement basis.