More Investors catch up with secured investment option! Rs 3 arba worth debentures of Sunrise Bank gets fully subscribed within 5 days of issuance

Mon, Dec 16, 2019 10:33 AM on Bonds & Debentures, Corporate, Latest,

Sunrise Bank has been able to sell all its Rs 3 arba worth debentures to the investors within the five days of its offer from Mangsir 20 to Mangsir 24, 2076.

The bank sold Rs 45.28 crore worth debentures to general investors while sold Rs 2.54 arba wroth debentures via private placement method to institutional investors.

The bank currently has 127 branches, 40 branchless banking units, 8 extension counters and 147 ATM terminals in its network and serves more than 6 lakh customers.