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Home / India News / Indian Bank raises Rs 500 crore of Basel III compliant Additional Tier I Bonds

Indian Bank raises Rs 500 crore of Basel III compliant Additional Tier I Bonds

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Capital Market
Last Updated : Mar 31 2016 | 12:01 PM IST

From Rural Electrification Corporation

Indian Bank has successfully raised Rs.500 crore under Basel III compliant Additional Tier I Bonds on 30 March 2016 with a coupon of 11.15% p.a. from Rural Electrification Corporation.

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First Published: Mar 31 2016 | 11:42 AM IST

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