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Looking to raise Rs 1500 crore via perpetual bonds: UBI

Debabrata Sarkar, CMD of Union Bank of India said they are looking to raise perpetual bonds worth Rs 1500 crore. Taking into consideration the Basel III committee recommendations, a mix of tier II bonds along with perpetual bonds may help them raise capital in the December quarter itself

first published: Dec 24, 2012 01:19 pm

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