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Vijaya Bank raises Rs 450 crore through Private Placement

25 Jan 2016 Evaluate

Vijaya Bank has raised Rs 450 crore of Tier II Bonds at a coupon rate of 8.64% per annum on January 22, 2016. The bank had earlier decided to raise Basel III Compliant Tier-II Bonds amounting to Rs 500 crore by way of Private Placement.

Vijaya Bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.




Peers
Company Name CMP
State Bank Of India 1085.00
PNB 143.10
Bank Of Baroda 276.40
Canara Bank 132.95
Union Bank Of India 203.45
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