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INDIAN BANK TO RAISE Rs1,000 CRORE VIA TIER-II BONDS (to strengthen its capital adequacy ratio).

India Business Insight

| May 31, 2010 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Indian Bank is planning to raise Rs1,000 crore through tier-II bonds by 30 Jun 2010 to strengthen its capital adequacy ratio, which is at present 12.71 percent. The fund raising will …

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