Thursday, October 30, 2014

#Vijaya Bank raises Rs 500 crore via bonds

VIJAYA BANK has raised Tier II Capital of Rs.500 Crore by issuing Unsecured Redeemable Non Convertible Basel III Compliant Tier II Bonds with a coupon rate of 9.15% p.a.

The issue was fully subscribed and allotment has been made on October 30, 2014.