AU Small Finance Bank will raise ₹15 billion worth of bonds as part of its overall fundraising plan. The bank has been actively raising capital, and it aims to raise up to ₹11,000 crore through different financial instruments. This includes ₹6,000 crore through bonds and non-convertible debentures. The development is in line with the bank's expansion strategy, after a recent 41% net profit growth in Q3 FY25. The issue of bonds will fund the bank's expansion endeavors and bolster its financial position.
Source: Economic Times, India Infoline