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India’s State Bank of Travancore board to mull Rs. 6 billion of bonds
By Tali Rackner
Norfolk, Va., Feb. 14 – The State Bank of Travancore informed the Bombay Stock Exchange that the executive committee of its board of directors will meet on Feb. 18 to consider an up to Rs. 6 billion offering of Basel III compliant perpetual additional tier I bonds.
The State Bank of Travancore is a subsidiary of the State Bank Group based in Thiruvananthapuram, India.
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