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Prospect News home > News index > List of issuers I > Headlines for IDBI Bank Ltd. > News item
Published on 1/29/2020 in the Prospect News Emerging Markets Daily.

India’s IDBI to issue Rs. 5 billion of Basel 3 compliant tier 2 bonds

By Sarah Lizee

Olympia, Wash., Jan. 29 – IDBI Bank Ltd. informed the Bombay Stock Exchange that it has decided to issue Rs. 5 billion of Basel 3 compliant tier 2 bonds with a greenshoe of Rs. 10 billion.

The bidding window will be open on Jan. 31.

IDBI Bank is a public sector bank based in Mumbai.


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