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Karur Vysya eyes Rs. 12 billion Basel 3 compliant tier 2 bonds
By Devika Patel
Knoxville, Tenn., Dec. 21 – India’s Karur Vysya Bank Ltd. informed the Bombay Stock Exchange that it approved plans to issue Rs. 12 billion of Basel 3 compliant tier 2 bonds in one or more tranches at a board of directors meeting on Dec. 20.
Karur Vysya is a Karur, India-based bank.
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