Business Standard

Saturday, December 21, 2024 | 01:39 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Board of Central Bank of India approves capital raising up to Rs 1500 cr via Tier II bonds

Image

Capital Market

At meeting held on 26 December 2022

The Board of Central Bank of India at its meeting held on 26 December 2022 has approved to raise capital through issuance of Non-convertible redeemable unsecured Base III compliant Tier II Bonds for amount upto Rs 1500 crore with a base size of Rs 500 crore and a green shoe option upto Rs 1000 crore during the FY 2022-23 subject to market conditions and necessary approvals.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 26 2022 | 3:47 PM IST

Explore News