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Allahabad Bank to raise Rs 500 crore

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Capital Market
Last Updated : Nov 13 2014 | 9:48 PM IST

By issue of BASEL III compliant Tier II Bonds

Allahabad Bank announced that the Bank is planning to raise BASEL III compliant Tier II Bonds aggregating upto Rs. 500.00 crore through Private Placement in one or more trenches during the current FY 2014-15.

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First Published: Nov 13 2014 | 6:58 PM IST

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