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Bank of Maharashtra informs about allotment

08 Sep 2022 Evaluate

Bank of Maharashtra has successfully raised Capital of Rs.710/- Crore (Rupees Seven Hundred Ten Crore only) through private placement of BASEL III Compliant Additional Tier I Bonds. The Bank received total bids of Rs.1088/- crore, out of which Bank accepted bid of Rs.710/- crore (full issue size) at coupon rate of 8.74%.

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

Peers
Company Name CMP
State Bank Of India 957.25
PNB 112.00
Bank Of Baroda 232.80
Canara Bank 117.65
Union Bank Of India 168.40
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