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State Bank of Travancore to consider issue of AT I Bonds aggregating Rs 600 cr

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Capital Market
Last Updated : Dec 03 2016 | 12:03 AM IST

On 07 December 2016

State Bank of Travancore announced that the Executive Committee of the Board of Directors of the Bank is scheduled to meet on 07 December 2016, inter alia, to consider and approve, the raising of up to Rs. 600 crore by way of issue of Basel III compliant Additional Tier I Bonds.

The issue parameters will be as decided in the meeting of the Executive Committee of the Board of Directors.

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First Published: Dec 02 2016 | 6:16 PM IST

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