IDBI-8.80%-9-2-26-PVTIDBI-8.80%-9-2-26-PVTIDBI-8.80%-9-2-26-PVT

IDBI-8.80%-9-2-26-PVT

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Key terms


Outstanding amount
‪10.00 B‬INR
Face value
1,000,000.00INR
Minimum denomination
5,000,000.00INR
Coupon
8.80% (Fixed)
Coupon frequency
Annual
Yield to maturity
Maturity date
Feb 9, 2026
Term to maturity
1 year

About IDBI-8.80%-9-2-26-PVT


Sector
Finance
Industry
Major Banks
Home page
Issue date
Feb 9, 2016
ISIN
INE008A08V26
FIGI
BBG00BS8F5K7
IDBI Bank Ltd. engages in the provision of commercial banking services to retail and corporate customers. It operates through the following segments: Corporate and Wholesale Banking; Retail Banking; Treasury; and Other Banking and Group Operations. The Corporate and Wholesale Banking segment includes corporate relationship covering deposit and credit activities other than retail, as well as corporate advisory and syndication, project appraisal, and investment portfolio. The Retail Banking segment comprises of credit and deposit activities that are primarily oriented towards individuals and small business including priority sector lending. The Treasury segment trades portfolio of investments, money market operations, derivative trading, and foreign exchange operations on the proprietary account and for customers. The Other Banking and Group Operations segment Includes operations and activities of group companies other than bank. The company was founded on July 01, 1964 and is headquartered in Mumbai, India.
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