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India’s DCB Bank considers Rs. 3 billion private sale of tier 2 bonds
By Susanna Moon
Chicago, Oct. 25 – India’s DCB Bank Ltd. notified the Bombay Stock Exchange that it will hold a board meeting on Oct. 29 to approve raising up to Rs. 3 billion of tier 2 capital.
The notes would be issued in a private placement, according to the notice by the scheduled commercial bank based in Mumbai.
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