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Board of Vijaya Bank approves raising Rs 1300 cr Tier I capital for FY 2017-18

Capital Market 

At meeting held on 03 December 2017

The Board of at its meeting held on 03 December 2017 has accorded its approval for raising Rs 1300 crore by way of additional Tier I Bonds under Basel III for financial year 2017-18 (revised additional capital requirements amounting to Rs 1000 crore in addition to Rs 300 crore already approved by the Board).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 04 2017. 08:32 IST