11% UTKARSH SMALL FINANCE BANK LIMITED 2029
Issuer's Type
Private Bank
About Issuer:
Utkarsh Small Finance Bank Limited (USFBL),(NSE/BSE UTKARSHBNK) incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on providing microfinance to the underserved and unserved sections of the country. The Bank
Issuer's Link
Issuer's Financial Link
A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)
Issuer
UTKARSH SMALL FINANCE BANK LIMITED
Issuer Type
Private Bank
Face Value
100,000.00
Coupon Rate
11.00% (Fix)
Issue Date
28/Jun/2024
Maturity Date
05/Oct/2029
Issue Size (in Crores)
200.00
Tax Free
Yes
TDS on Interest
Yes
Call Option
28/Jun/2029
Put Option
N.A.
Govt. Guarantee
Yes
Security
Unsecured
Name of Debenture Trustee
Catalyst Trusteeship Limited
Remarks
Yield is calculated up to call date i.e. YTC (Yield to Call). Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.
Issuer
UTKARSH SMALL FINANCE BANK LIMITED
Principal Amount
300,000.00
Yield (YTM)
11%
Maturity Date
05-10-2029
Settlement Amount
333,000.00
ISIN No.
INE735W08053