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Published on 12/30/2015 in the Prospect News Emerging Markets Daily.

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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