trending Market Intelligence /marketintelligence/en/news-insights/trending/snBH1B0Xg1IdVFiqDABZig2 content esgSubNav
In This List

Karur Vysya Bank raises 4.87B rupees in cbonds


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Karur Vysya Bank raises 4.87B rupees in cbonds

Karur Vysya Bank Ltd. raised 4.87 billion Indian rupees through the issuance of Tier 2 bonds on a private placement basis.

The bonds carry an annual interest rate of 11.95% and will mature June 12, 2029, according to a March 13 stock exchange filing.

The bonds will be listed on NSE Ltd.

As of March 13, US$1 was equivalent to 69.53 Indian rupees.