IndianBank said March 31 that it raised 5 billion rupees from its issueof Basel III-compliant Additional Tier 1 bonds.
The bonds were priced with a coupon of 11.15%.
As of March 31, US$1was equivalent to 66.16 Indian rupees.
Indian Bank raises 5B rupees in bond issue
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Indian Bank raises 5B rupees in bond issue
- Author Ranina Sanglap
- Theme Banking