India's ING Vysya Bank plans to issue convertible bonds and equity

By Devika Patel

Knoxville, Tenn., Aug. 6 - ING Vysya Bank Ltd. informed the Bombay Stock Exchange that it approved a proposal at a board of directors meeting on Aug. 5 to issue foreign currency convertible bonds.

Securities also may include Global Depositary Receipts and equity shares.

Based in Bangalore, India, the bank operates in four segments: treasury, retail banking, corporate/wholesale banking and other banking operations.

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