Corporation Bank raises Rs 100 cr via bonds

Public sector lender Corporation Bank today said it has raised Rs 100 crore through the issue of Tier-I bonds.     

"The bank has raised Tier-I bonds for Rs 100 crore and the same (has been) allotted on August 26," Corporation Bank said in a statement to the Bombay Stock Exchange (BSE).     

Shares of Corporation Bank were trading at Rs 387, down 1.25 per cent in the morning trade on the BSE.