022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
DEBT | 31 August 2010

Oriental Bank To Raise Rs 800 Crore Via Debt

by Deeshesh Chheda
Oriental Bank To Raise Rs 800 Crore Via Debt
Share on Social Media Email Facebook Twitter Linkedin
 
@deeshesh

Oriental Bank of Commerce (OBC) is planning to raise Rs.800 crore through debt instruments to fund its expansion plans.

Innovative perpetual debt instruments (tier one capital) will be issued to raise Rs.300 crore, while tier two capital will be issued to raise Rs.500 crore in the current financial year to support the bank's business plans.

Transaction Reference: BS


{TAG_9604_1283253776}

KKR India Appoints Former Goldman Sachs MD Heramb Hajarnavis

KKR India Appoints Former Goldman Sachs MD Heramb Hajarnavis

Former Goldman Sachs Managing Director Heramb Hajarnavis has been appointed by KKR India Advisors as Director and he will be based in Mumbai. At KKR, Hajarnavis will work closely with Sanjay Nayar, member of KKR and CEO ...

Read More...

BMW’s venture capital arm invests in carpooling app Scoop

BMW’s venture capital arm invests in carpooling app Scoop

BMW AG, the German luxury car manufacturer, has announced that its venture capital arm, BMWiVentures, has invested an undisclosed amount in Scoop Technologies Inc, a California-based tech startup.

Read More...
Subscribe
Enter your Email address
to receive all the news