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Karur Vysya Bank raises Rs 487 crore through private placement of Tier II bonds

Capital Market 

Vysya Bank announced that the of the Board in its meeting held on 12 March 2019 has allotted 48,700 Basel III compliant unsecured, redeemable, non-convertible Tier II Bonds in the nature of debentures of Rs 1 lakh each aggregating Rs 487 crore on private placement basis.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 13 2019. 13:44 IST
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