IDBI First Bank has allotted 1,500 Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable, Basel III compliant, Tier 2 capital (in the nature of Debentures) for a face value of Rs. 1 crore each, aggregating to Rs. 1,500 crore on private placement basis on 01 December 2022.
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