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Outcome of board meeting of ING Vysya Bank

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Capital Market

Held on 22 September 2014

ING Vysya Bank announced that the Board of Directors of the Company at its meeting held on 22 September 2014, has approved the following;

1. Raising Debt in the form of Infrastructure Bonds in the nature of Debentures not exceeding Rs. 250 crore.

2. Issuance of Tier I and/or Tier II Debt not exceeding Rs. 450 crore as revised from the earlier approved amount of Rs. 700 crore by the Board of Directors at their meeting held on 22 July 2014.

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First Published: Sep 23 2014 | 7:45 PM IST

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