Bank of Maharashtra raises Rs 348 cr from Tier II bonds

Bank of Maharashtra raises Rs 348 cr from Tier II bonds

The bonds have a face value of Rs 1 crore each.

FPJ Web DeskUpdated: Wednesday, December 07, 2022, 04:01 PM IST
article-image

Public sector lender Bank of Maharashtra has raised Rs 348 crore from the private placement of Tier II bonds, according to a regulatory filing.

The bonds have a face value of Rs 1 crore each, and will be listed on BSE's wholesale debt market.

RECENT STORIES

India’s LPG Consumption Soars 44% Since 2017, Import Dependence Remains High

India’s LPG Consumption Soars 44% Since 2017, Import Dependence Remains High

Centre Clears ₹7,280-Cr Scheme To Boost Rare Earth Magnet Manufacturing

Centre Clears ₹7,280-Cr Scheme To Boost Rare Earth Magnet Manufacturing

SEBI Eases Eligibility Norms: Graduates From Any Discipline Can Now Become Investment Advisers,...

SEBI Eases Eligibility Norms: Graduates From Any Discipline Can Now Become Investment Advisers,...

Ravelcare Launches ₹24-Crore SME IPO, Price Band Set At ₹123-130 Per Share

Ravelcare Launches ₹24-Crore SME IPO, Price Band Set At ₹123-130 Per Share

Stock Market Closing: Markets Bounce Back, Sensex Jumps 1,022 Points, Nifty Crosses 26,200,...

Stock Market Closing: Markets Bounce Back, Sensex Jumps 1,022 Points, Nifty Crosses 26,200,...