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| Exchange Received Time 16/10/2017 15:34:32 Exchange Disseminated Time 16/10/2017 15:34:37 Time Taken 00:00:05 | Re: Issue of BASEL III compliant Additional Tier I Bonds in the nature of Debentures - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This in continuation to our letter dated October 9, 2017. We hereby inform that the Capital Raising Committee of the Board of the Bank on October 16, 2017, has approved the issue of Perpetual Subordinated Unsecured Non Convertible BASEL III compliant Additional Tier I Bonds in the nature of Debentures of Rs. 10,00,000 each aggregating to Rs. 3,000 Crore (Rupees Three Thousand Crore only), with a Green shoe option to retain oversubscription to the extent of an additional Rs. 3,000 Crore (Rupees Three Thousand Crore).
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