NSEGeneral Updates9 Sept 2026 · 9 Sept 2026, 08:46 pm
General Updates
RBL Bank Limited · RBLBANK
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RBL Bank Limited has approved the pricing, tenure, and other terms of the senior notes to be issued under the EMTN Programme. The notes will be listed on the India International Exchange IFSC Limited and NSE IFSC Limited. The net proceeds from the issue of notes will be used to meet the funding requirements of the Bank's GIFT City International Banking Unit, develop and expand business in the GIFT City International Banking Unit, and/or meet the Bank's general corporate purposes.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
RBL Bank Limited has informed the Exchange that the Bank has approved the pricing, tenure and other terms of the senior notes to be issued under the EMTN Programme.
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RBLBANK_09092026204500_PricingCircularIntimationSigned.pdf
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September 9, 2026
BSE Limited National Stock Exchange of India Limited
1st Floor, Phiroze Jeejeebhoy Towers, 'Exchange Plaza', C-1 Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai – 400001. Mumbai – 400051.
Scrip Code: 540065 Scrip Symbol: RBLBANK
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir/Madam,
This is in continuation to our letter dated September 7, 2026 referring to the establishment of Euro
Medium Term Note Programme of US $1,000,000,000 (USD one billion) (“EMTN Programme”)
by RBL Bank Limited (“the Bank”).
In terms of SEBI Listing Regulations, we wish to inform you that the Bank has today i.e., on
September 9, 2026 approved the pricing, tenure and other terms of the senior notes (“Notes”) to
be issued by the Bank under the US $1,000,000,000 (USD one billion) EMTN Programme
established by the Bank under Regulation S of the U.S. Securities Act 1933 and as more
particularly set out in Annexure below.
The requisite details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as
amended from time to time, are included in the Annexure below.
Further, in compliance with Regulation 46(2) of SEBI Listing Regulations, the information is being
hosted on the Bank’s Website at www.rbl.bank.in
Kindly take the same on record.
Thanking you.
Yours faithfully,
For RBL Bank Limited
Niti Arya
Company Secretary
Disclaimer:
This announcement is for information purposes only and this information relates to an
offering of the Notes offered and sold pursuant to Regulation S under the United States
Securities Act of 1933, as amended (the “Securities Act”). This information is not an offer
of securities for sale in the United States. The Notes have not been, and will not be,
registered under the Securities Act and may not be offered or sold within the United States,
except pursuant to an exemption from, or in transactions not subject to, the registration
requirements of the Securities Act and applicable U.S. state securities laws.
The Notes have not been, are not being and will not be offered or sold, directly or indirectly,
by means of any offer document, offering circular or any other document / material relating
to the Notes, to any person or to public in India which would constitute an advertisement,
invitation, offer, sale or solicitation of an offer to subscribe for or purchase any securities
in violation of applicable laws of India.
The offering circular for the Notes has not been, nor will it be, registered, produced or
published as an offer document (whether a prospectus in respect of a public offer, a
statement in lieu of a prospectus or information memorandum, general information
document, key information document, private placement offer cum application letter, an
offering circular, an offering memorandum or other offering material in respect of any
private placement under the Companies Act, 2013, regulations formulated by Securities
and Exchange Board of India (“SEBI”) or any other applicable Indian laws) with any
Registrar of Companies, the SEBI or any Indian stock exchange or any other statutory or
regulatory body of like nature in India, save and except for any information which is
mandatorily required to be disclosed or filed in India under any applicable Indian laws
(including, but not limited to, the Securities and Exchange Board of India (Prohibition of
Insider Trading) Regulations 2015, as amended, under the terms of the listing agreement
with any Indian stock exchange, and Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations 2015, as amended) or pursuant to
the sanction of any regulatory and adjudicatory body in India.
Annexure
Particulars Terms
Type of Instrument Senior Unsecured Notes
Ratings of the Instrument The Notes are expected to be rated as Baa2
(stable) by Moody’s, BBB+ (Stable) by CareEdge
Global
Use of Proceeds The net proceeds from the issue of Notes, in
accordance with applicable laws, rules, regulations
and guidelines will be used to: (a) meet the funding
requirements of the Bank’s GIFT City International
Banking Unit; (b) develop and expand business in
the GIFT City International Banking Unit; and/or (c)
meet the Bank’s general corporate purposes.
Listing Yes, India International Exchange IFSC Limited
and NSE IFSC Limited
Size of the Issue US$ 350,000,000 (United States Dollars Three
Hundred and Fifty Million) 5.791% fixed rate senior
unsecured notes due 2031, pursuant to Regulation
S of the U.S. Securities Act of 1933 (as amended
from time to time).
Specified Denominations of the U.S.$200,000 (United States Dollar Two Hundred
Notes Thousand) and integral multiples of U.S.$1,000
(United States Dollar One Thousand) in excess
thereof
Tenure of the instrument – date Tenure of the Note: 5 years
of allotment and date of maturity
Date of Allotment: 16 September 2026 (T+5)
Date of Maturity: 16 September 2031
Coupon/interest offered, Coupon: 5.791%
schedule of payment of
Schedule of payment of coupon/interest: March 16
coupon/interest and principal
and September 16 in each year up to and including
the September 16, 2031 commencing on
March 16, 2027.
Schedule of payment of principal: Redemption at
par. Bullet payment on maturity i.e., on
September 16, 2031.
Charge/security, if any, created Unsecured
over the assets
Special rights or interest or Not applicable
privileges attached to the
instrument and changes thereof
Details of any letter or Nil
comments regarding
payment/non-payment of
interest, principal on due dates,
or any other matter concerning
the security and/or the assets
along with its comments
thereon, if any
Delay in payment of interest or Not applicable
principal amount for a period of
more than three months from the
due date or default in payment of
interest or principal
Details of redemption of Not applicable
preference shares indicating the
manner of redemption (whether
out of profits or out of fresh
issue) and debentures
ISIN XS3506162687