IDBI Bank to Raise Rs 1,500 cr via Additional tier-I Bonds
Public sector lender IDBI Bank Ltd said that it will raise Rs 1,500 crore through issuing additional tier I bonds. In a filing to the Bombay Stock Exchange, IDBI Bank said, “The bank proposes to issue an additional tier 1 bond amounting to Rs 1,500 crore with deemed date of allotment on August 30, 2016.”
It said that the bonds will be allotted on August 30, 2016. Meanwhile, shares of the bank were trading at Rs 71.80 apiece, down 0.14 per cent, from previous close
Get live Nifty Future Tips News Updates visit us : http://www.ripplesadvisory.com/nifty-future-.php or Get Two Days Free Trial just on One Missed Call @98-27-80-80-90
Public sector lender IDBI Bank Ltd said that it will raise Rs 1,500 crore through issuing additional tier I bonds. In a filing to the Bombay Stock Exchange, IDBI Bank said, “The bank proposes to issue an additional tier 1 bond amounting to Rs 1,500 crore with deemed date of allotment on August 30, 2016.” 
No comments:
Post a Comment