IDFC First Bank to raise up to Rs2000cr in tier-II debt capital via bonds

IDFC First Bank is raising up to Rs2,000cr in tier-II debt capital via bonds to strengthen capital base, improve buffers and support business growth. The strategy of the bank has been to conserve capital by not increasing the loan book and yet raise margins by growing the proportion of retail book.

Feb 21, 2020 03:02 IST Source : Business Standard

IDFC
IDFC First Bank is raising up to Rs2,000cr in tier-II debt capital via bonds to strengthen capital base, improve buffers and support business growth. The strategy of the bank has been to conserve capital by not increasing the loan book and yet raise margins by growing the proportion of retail book.

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