Wednesday, November 2, 2016

DCB Tier 2 Bond Issue


Term sheet for DCB Bank LTD, Basel III Compliant Tier 2 Bonds.

Particulars

Description

Issuer

DCB Bank Limited

Instrument

Non-convertible Redeemable Unsecured Full Paid-Up Basel III compliant Tier 2 Bonds in the nature of Debentures eligible for inclusion in Tier 2 capital (the "Bonds")

Issue Size

Rs. 100 crores with an option to retain oversubscription of up to Rs. 50 crores

Credit Rating

"[ICRA] A+(hyb) (Outlook: Stable)" by ICRA

Tenure

10 years

Maturity Date

November 18, 2026

Put Option

None

Call Option

After a minimum period of 5 years (subject to RBI Guidelines)

Coupon Rate

9.85%% p.a.

Interest Payment

Half-Yearly

Annualized Yield

10.09%




-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

0 comments: