Equitas Small Finance Bank declares raising of ₹500 crore fund via NCDs with 50% green shoe option

Equitas Small Finance Bank plans to raise ₹500 crore through non-convertible debentures, including a green shoe option of ₹250 crore. The issuance will enhance the bank's capital base and consists of 50,000 rated, listed NCDs, categorized as Lower Tier II Capital.

Markets