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Corporation Bank to raise Rs 650 cr thru bonds

Source PTI
Last Updated: Tue, Aug 04, 2009 15:14 hrs

Mumbai: Public sector lender Corporation Bank on Tuesday said it would raise Rs 650 crore through issuing bonds in the markets.

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In a filing to the Bombay Stock Exchange (BSE), the bank said it will raise Rs 650 crore through the issue of bonds at different coupon rates.

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Shares of Corporation Bank were trading at Rs 354, up 2.31 per cent in afternoon trade on the BSE.



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