State Bank of Mysore has informed that the a meeting of the Board of Directors of the Company will be held on January 24, 2017, to consider and approve, the raising of up to Rs 1000 Crores by way of issue of Basel III compliant Additional Tier 1 Bonds. The issue parameters will be as decided in the meeting of the Board of Directors of the Bank.
The above information is a part of company’s filings submitted to BSE.