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India’s State Bank of Travancore to issue up to Rs. 12.5 billion in bonds
By Tanya Meyer
Chicago, Dec. 30 – The State Bank of Travancore informed the Bombay Stock Exchange that the executive committee of its board of directors at a Dec. 28 meeting agreed to issue up to Rs. 12.5 billion in Basel III compliant tier II bonds.
The State Bank of Travancore is a subsidiary of the State Bank Group based in Thiruvananthapuram, India.
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