Corporate News 19-Feb-19
Karnataka Bank to raise Rs 320 cr through private placement of Tier 2 Bonds
Karnataka Bank to allot 32000 rated, unsecured, redeemable, non-convertible, Basel III compliant Lower Tier 2 subordinated bonds in the nature of debentures bearing a face value of Rs 1 lakh each aggregating to Rs 320 crore to investors on private placement basis.
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