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Published on 9/8/2009 in the Prospect News Emerging Markets Daily.

India's Bank of Maharashtra to sell Rs. 3 billion of debt instruments

By Devika Patel

Knoxville, Tenn., Sept. 8 - Bank of Maharashtra said it will raise Rs. 3 billion in an offering of upper tier II and lower tier II debt instruments and innovative perpetual debt instruments.

Bank of Maharastra is a Pune, India-based bank.


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