Suryoday raises Basel II Compliant Lower Tier II Capital (NCDs) of Rs 200 cr

Suryoday Small Finance Bank has allotted 200 Subordinated, Rated, Listed, Unsecured, Transferable, Redeemable, Fully Paid-Up Non-Convertible Debentures, categorized as Basel II Compliant Lower Tier II Capital ( NCDs) at par for an aggregate value of Rs 200 Crore at the Coupon rate of 10.05% per annum, fixed, payable semi-annually, on private placement basis.