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Board of Vijaya Bank approves raising Rs 1300 cr Tier I capital for FY 2017-18

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Capital Market
Last Updated : Dec 04 2017 | 9:04 AM IST

At meeting held on 03 December 2017

The Board of Vijaya Bank at its meeting held on 03 December 2017 has accorded its approval for raising Rs 1300 crore by way of additional Tier I Bonds under Basel III for financial year 2017-18 (revised additional capital requirements amounting to Rs 1000 crore in addition to Rs 300 crore already approved by the Board).

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First Published: Dec 04 2017 | 8:32 AM IST

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