Lakshmi Vilas Bank Tier-2 bonds issue. Sequence of Events March 2014-June 2017: Lakshmi Vilas Bank issues three tranches of unsecured non-convertible redeemable fully paid-up Basel-III compliant Tier-2 subordinated bonds worth ₹318.20 crore. High coupon rate, ranging between 10.70% and 11.80% Quarter ended March 2018: The bank starts incurring continuous losses. September 30 2020: The bank's ... Read more