16 Sep 2008 | 14:17
Corporation Bank to raise tier II capital
The board of Corporation Bank has decided to raise tier I bond / perpetual Bonds to the extent of Rs 600 crore.
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Corporation Bank to raise tier II capital
The board of Corporation Bank has decided to raise tier I bond / perpetual Bonds to the extent of Rs 600 crore.
The
board has decided to raise upper tier-II bond to the extent of Rs 1000
crore. These are in addition to raising of lower tier-II bond to the
tune of Rs 1200 crore.
This was decided at the board meeting held on 16 September 2008.
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