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Provider : Reuters Investment Profile
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ING Vysya Bank Ltd seeks to raise 7.00 bln Indian Rupees-Business Standard

Monday, 4 Aug 2014 10:50am EDT 

ING Vysya Bank Ltd:Has proposed to raise up to 7.00 bln Indian Rupees on private placement basis by way of issue of securities including but not limited to bonds and non-convertible debentures-Business Standard.The fund raise will enable the bank to augment its capital under Basel-III requirements and meet the growth plans.The capital could be raised either or both in Indian Rupees or equivalent of Foreign Currency. 

Company Quote

15 Apr 2015