ESAF Small Finance Bank Allots ₹85 Cr in Tier II Bonds

ESAF Small Finance Bank Limited has announced the allotment of 8500 Non-Convertible Debentures (Tier II Bonds) on a private placement basis. The total issue size is ₹85 Crores, with each debenture having a face value of ₹1,00,000. These bonds are listed, rated, taxable, unsecured, transferable, redeemable, fully paid-up, and Basel II compliant. The allotment was approved by the Allotment Committee of Executives on June 25, 2026. The bonds carry a coupon rate not exceeding 11.65% per annum, payable quarterly, and have a tenure of 73 months, maturing on July 25, 2032. The debentures are proposed to be listed on the Negotiated Trade Reporting Platform (NTRP) of the National Stock Exchange of India Limited (NSE).