State Bank of Travancore is planning to raise Rs 600 crore by issuing Basel III compliant Additional Tier I Bonds. The executive committee of the board of directors of the bank in its meeting scheduled to be held on December 7, 2016, will consider the same.
State Bank of Travancore (SBT) is an Associate of the State Bank of India and a member of the State Bank Group, the largest banking group in India. The Bank is alive to its developmental role and actively participates in meeting need based requirements of Small and Medium Enterprises and Agriculture.
