Utkarsh Small Finance Bank Limited

Microfinance

corporate

Tenure
15M
About Issuer
This A+ rated bond from from Utkarsh Small Finance Bank Limited, a corporate, offers a Fixed coupon of 12.5% with maturity on 26 June 2027. Issued through the Private placement as under ISIN INE735W08038, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Summary
Interest
Interest
Quarterly
Principal
Principal
At maturity
COUPON RATE
12.50%
FACE VALUE
₹10,00,000
MATURITY DATE
26 Jun 2027
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE735W08038
Credit rating
Rating
[ICRA]A+
Rating Agency
ICRA
Date of Rating
13 Apr 2023
Other details
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