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Bank of Maharashtra plans to issue Basel III Compliant AT1 Bonds

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Capital Market

On private placement basis

Bank of Maharashtra proposes to raise funds by issue of Basel III Compliant AT1 Bonds of Rs 250 crore with Green Shoe Option of Rs 750 crore aggregating Rs 1000 crore on private placement basis.

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First Published: Dec 01 2016 | 5:10 PM IST

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