Corporate News     29-Apr-22
Board of RBL Bank approves issuance of USD denominated Tier 2 notes
At meeting held on 29 April 2022
The Board of RBL Bank at its meeting held on 29 April 2022 has accorded its approval to raise or borrow monies by issue of USD denominated unsecured Tier 2 subordinated notes in accordance with the Reserve Bank of India's ("RBI") Master Circular - Basel III Capital Regulations dated April 1, 2022, as amended from time to time ("Basel III Capital Regulations") aggregating up to US$ 100,000,000 (One Hundred Million United States Dollars) (the "Notes") offered under Section 4(a)(2) of the United States Securities Act of 1933, as amended to identified investors.
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