Oriental Bank of Commerce raises Rs 500 crore AT- 1 capital

Allots Basel III Compliant Perpetual Debt Instruments

Oriental Bank of Commerce announced that allotment of the Bank's Issue of 9.48% Unsecured Non-Convertible Fully Paid-up Basel III Compliant Perpetual Debt Instruments of Rs. 10,00,000/- each for cash at par aggregating Rs. 500.00 crore has been made on 10 February 2015 as per the terms of the Disclosure Document.

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