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Vijaya Bank plans to raise Rs 750 crore

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Capital Market

Through private placement of Tier I bonds

Vijaya Bank intends to raise Tier 1 Capital through Private Placement of Basel III Complaint Additional Tier 1 Bonds of 10.00 lakh each at par aggregating to Rs.750 crore. The proposed Bonds Issue has been rated as "AA-" by CARE ratings and "AA-" by ICRA Ltd.

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First Published: Nov 08 2016 | 9:46 AM IST

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