Kotak Mahindra Bank approves issuance of NCDs worth ₹2,000 cr1 min read . Updated: 22 Jan 2023, 04:26 PM IST
The bank has also approved the proposal for raising funds by the way of the issuance of unsecured redeemable NCDs or bonds, or other debt securities on a private placement basis, for an amount up to ₹7,000 crore during the next financial year
Private lender Kotak Mahindra Bank on Saturday said that the bank's board has approved issuance of listed, redeemable, unsecured non-convertible debentures on a private placement basis worth ₹2,000 crore in FY 2022-23.
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