Through issue of Basel III Compliant Tier 2 Bonds
State Bank of Mysore has informed BSE that the Bank have on 18 January 2016 raised Rs.200 crore of non-convertible, redeemable, unsecured, Basel III Compliant Tier 2 Bonds, for inclusion in tier 2 capital of the Bank, in the nature of debentures of face value of Rs. 10 lakhs each (bonds) at par aggregating Rs. 200 crore.Powered by Capital Market - Live News