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Corporation Bank raises Rs 500 crore

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Capital Market
Last Updated : Nov 14 2017 | 8:28 PM IST

Through issue of Basel III Compliant Tier- II Bonds

Corporation Bank has raised an amount of Rs 500 crore of the Basel III compliant Tier-II Bonds (Series1) and the same has been allotted by the Securities Allotment Committee of the Board of the Bank on 14 November 2017 to the respective Bond investors with a coupon rate of 8.02% per annum.

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First Published: Nov 14 2017 | 8:13 PM IST

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