IDBI Bank mobilises Rs.1900 crore through two separate issues of Basel III compliant Tier 2 bonds on private placement basis to strengthen its capital adequacy
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Mumbai, January 04, 2015: IDBI Bank has mobilised Rs.1900 crore through issue of Basel III compliant Tier 2 bonds through two separate issues on private placement basis to strengthen its capital adequacy. The first issue of Rs.1000 crore concluded on December 31, 2015 was for a tenor of 15 years with call option at …