Board of State Bank of Travancore approves fund raising up to Rs 600 crore

At meeting held on 07 December 2016

State Bank of Travancore announced that the Executive Committee of the Board of Directors of the Bank in its meeting held on 07 December 2016, has approved the raising of up to Rs. 600 crore by way of issue of Basel III compliant Additional Tier I Bonds by private placement.

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