The duly authorized Committee of the Board, at its meeting held today, i.e. December 01, 2022, has approved the allotment of 1,500 Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable, Basel III compliant, Tier 2 capital, aggregating to nominal value of Rs. 1,500 Crores.