Press Release Watch: Bank of #Maharashtra raises Rs 500 cr. via private placement

Thursday, December 15, 2016

Bank of #Maharashtra raises Rs 500 cr. via private placement

Bank of #Maharashtra raises Rs 500 cr. via private placement pic.twitter.com/pkkTkyRazC
— Press Release Watch (@PrReleaseWatch) December 16, 2016

Bank of Maharashtra has successfully raised Rs 500 crore on 15 December 2016 by issue of BASEL III Compliant Unsecured Perpetual Non-Convertible Additional Tier I Bonds on private placement basis.