Central Bank of India raised Rs.500 crores to further strengthen their CRAR through issuance of Upper Tier II Bonds at a coupon rate 8.63%. The issue is rated LAA by ICRA and CAREAA by CARE.
Source: https://www.centralbankofindia.co.in/upload/news/CAR.doc
CENTRAL BANK OF INDIA RAISES RS.500 CRORES TO STRENGTHEN CRAR
Labels: BANKING N FINANCE
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