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Prospect News home > News index > List of issuers B > Headlines for Bank of Maharashtra > News item
Published on 11/28/2005 in the Prospect News Emerging Markets Daily.

India's Bank of Maharashtra plans to issue Rs. 4.5 billion of tier II bonds

By Reshmi Basu

New York, Nov. 28 - Bank of Maharashtra said it plans to issue up to Rs. 4.5 billion of unsecured, non-convertible, redeemable subordinated tier II bonds via a private placement.

The Pune, India-based issuer is one of the largest banks in western India.


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