Board of Rain Industries approves investment of USD 27 mn for setting up two Anhydrous Carbon Pellets plants
At meeting held on 16 January 2020The Board of South Indian Bank at its meeting held on 16 January 2020 has approved the issuance of unsecured, perpetual, non-convertible, Basel III compliant, Tier I bonds not exceeding Rs.500 crore, in one or more tranches, with or without green shoe option ("Bonds"). The Bonds are being issued on a private placement basis to augment the Bank's Tier I capital, on such terms as the Board or Board approved committee may deem fit, subject to applicable regulatory approvals, if any.
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