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Prospect News home > News index > List of issuers I > Headlines for IDFC First Bank Ltd. > News item
Published on 4/23/2019 in the Prospect News Emerging Markets Daily.

India’s IDFC First Bank board to mull nonconvertible debt issue

By Sarah Lizee

Olympia, Wash., April 23 – IDFC First Bank Ltd. informed the Bombay Stock Exchange that its board of directors will meet on May 10 to consider raising funds through an issue of nonconvertible debt securities.

The debt would be issued on a private placement basis during the 2019-2020 financial year, according to a notice.

The banking company is based in Mumbai, India.


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