RBL Bank board approves $350m five-year notes at 5.791% coupon
RBL Bank’s board approved a $350 million Senior Unsecured Notes issue with a five-year tenor and a 5.791% coupon under its $1 billion EMTN programme. The notes will be allotted on 16 September 2026 and mature on 16 September 2031, and will be listed on IFSC exchanges. Proceeds will fund the GIFT City International Banking Unit and general corporate purposes.