State Bank of Mysore raises Rs 200 crore in Tier 2 capital

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.

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