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Prospect News home > News index > List of issuers O > Headlines for Oriental Bank of Commerce > News item
Published on 9/30/2016 in the Prospect News Emerging Markets Daily.

India’s Oriental Bank places another Rs. 5 billion of tier 1 bonds

By Susanna Moon

Chicago, Sept. 30 – Oriental Bank of Commerce notified the Bombay Stock Exchange that it issued another Rs. 5 billion of Basel 3 compliant tier 1 bonds in a private placement.

The issue was fully subscribed and allotted on Friday, according to the notice.

The state-run bank is located in New Delhi.


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