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Bank of Maharashtra raises Rs 710 cr via Tier I bonds

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Capital Market
Bank of Maharashtra has successfully raised Capital of Rs.710 crore through private placement of BASEL III Compliant Additional Tier I Bonds. The Bank received total bids of Rs.1088 crore, out of which Bank accepted bid of Rs.710 crore (full issue size) at coupon rate of 8.74%

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First Published: Sep 08 2022 | 2:39 PM IST

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