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Published on 1/19/2016 in the Prospect News Emerging Markets Daily.

India’s State Bank of Mysore issues Rs. 2 billion tier II debentures

By Tanya Meyer

Chicago, Jan. 19 – State Bank of Mysore issued Rs. 2 billion in unsecured, redeemable, non-convertible, Basel III compliant tier II debentures on Monday, according to a filing with the Bombay Stock Exchange.

The debentures were issued at par with a face value of Rs. 10 million each.

State Bank of Mysore is a Bangalore, India-based retail and corporate banking provider.


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