IDBI raises Rs 4.20 cr from bonds
Industrial Development Bank of India (IDBI) on Thursday said the bank has raised Rs 4.20 crore through IDBI Omni Bonds (2007-08).
By PTI |
MUMBAI: Industrial Development Bank of India (IDBI) on Thursday said the bank has raised Rs 4.20 crore through IDBI Omni Bonds (2007-08).
The fifth tranche 42 unsecured redeemable non-convertible bonds of the face value of Rs 10 lakh each were offered for private placement, IDBI informed the Bombay Stock Exchange.
This issue is part of the Liability Restructuring arrangements under the aegis of Government of India, it said.
The bonds maturing in 2022 is a regular return bond for which interest rate will be decided later.
The bonds will be listed on the Wholesale Debt Market (WDM) segment of the National Stock Exchange of India Ltd (NSE) and Bombay Stock Exchange Ltd (BSE).
In a separate filing, Emkay Share & Stock Brokers Ltd said it has got approval for insurance broking from the Insurance Regulatory and Development Authority (IRDA).
The fifth tranche 42 unsecured redeemable non-convertible bonds of the face value of Rs 10 lakh each were offered for private placement, IDBI informed the Bombay Stock Exchange.
This issue is part of the Liability Restructuring arrangements under the aegis of Government of India, it said.
The bonds maturing in 2022 is a regular return bond for which interest rate will be decided later.
The bonds will be listed on the Wholesale Debt Market (WDM) segment of the National Stock Exchange of India Ltd (NSE) and Bombay Stock Exchange Ltd (BSE).
In a separate filing, Emkay Share & Stock Brokers Ltd said it has got approval for insurance broking from the Insurance Regulatory and Development Authority (IRDA).
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