SEBON approved debenture issue worth Rs 3 billion to the bank.
The bank will issue 3 million units of debenture having a face value of Rs 1,000. Out of the total offered units, the bank will issue debenture worth Rs 1.20 billion to the general public and the remaining debenture worth Rs 1.80 billion to private financers.
The debenture will mature in 10 years. The bank has appointed Himalayan Capital as issue manager.
