Taxable
Tax Category
05 Apr, 2027
Call Date
(2 Yr 4 Mo 25 D to call)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
05 Apr, 2022
Allotment Date
NA
Put Date
05 Apr, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
SBM Bank (India) Ltd. commenced operations on 1st December 2018 as the 1st universal bank in the country to receive a banking license from the RBI through the Wholly Owned Subsidiary route. We have a network of 11 branches spread across the country, is headquartered in Mumbai and has 350+ employees. Bank caters to its customers across India – comprising retail customers, MSMEs, NRIs as well as large corporates and institutions.
The ratio in FY24 is 1.50x and it was 3.60x in FY23, indicating an decrease in debt level due to significant decrease in the borrowings in FY24.
Debt/EBITDA
The ratio in FY24 is 0.92x and it was 1.05x in FY23, indicating decrease in issuers debt servicing ability, due to incurred losses in FY24 and increase in interest on deposits and others ,which resulted in overall increase in the finance cost in FY24.
Interest coverage ratio
Mar 27, 2024 | SBM Bank (India) Limited
Mar 27, 2024 | SBM Bank (India) Limited
Apr 09, 2024 | SBM Bank (India) Limited
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