Equitas Small Finance Bank Approves Rs500 Crore Tier II NCD Issue

Board approved issuance of up to 50,000 Lower Tier II NCDs of Rs 1 lakh each aggregating up to Rs 500 Cr in single series on private placement basis, to be listed on BSE. Resolves pending Tier-2 decision; adds non-dilutive capital buffer atop comfortable adequacy and prior Tier-2 raises, distinct from deferred equity review for growth funding. Tenor, coupon, allotment and maturity dates left to board approval; pricing, use of proceeds and regulatory sign-off not disclosed; unsecured subordinated issue with no dilution or special rights.