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South Indian Ban - Outcome of Board Meeting (Augmentation of Tier - II Capital by issuing Subordinated Tier-II Bonds)

By Religare

South Indian Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on February 25, 2015 has decided to augment Tier - II capital by issue of Subordinated Tier-II Bonds for a total face value not exceeding Rs. 500 crore including Green Shoe option, if any.

Story first published: Wednesday, February 25, 2015, 12:50 [IST]
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