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Dena Bank has been planning to raise Rs 1,100 crore in tranches through issue of bonds which would be compliant with global capital adequacy norms.
It has said in a BSE filing that “The Bank has placed an agenda to board of directors seeking approval for raising of Basel III compliant Tier II bonds up to an amount of Rs 1,100 crore in one or more tranches, in one or more instruments.”
