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MoneyWorks4Me

State Bank of Travancore informs about company updates

31 Mar 2016 Evaluate

State Bank of Travancore has informed that the Bank has on March 30, 2016 allotted 5,150 Basel III compliant Tier II Bonds in the nature of debentures, of face value of Rs 10 Lakhs each at par with ten years tenure bearing 8.45% per annum coupon rate and with call option on March 30, 2021 aggregating to Rs 515 Crores on private placement basis.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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