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DynamicLevels
15 Jul 2016
Syndicate Bank Share Price Rises Moderately
Dynamic Levels
Syndicate Bank share price rises by about 1.24% as the Bank today said it has raised Rs.930 crore by issuing Basel-III compliant bonds. The Bank had said in a regulatory filing that in respect of an invitation about series III, potential investors had placed bids forRs.1,800 crores. The bank decided to exercise the greenshoe option and retained the total amount of Rs.930 crore allotted on pro rate basis. Syndicate Bank had called the bids for an issue size of Rs. 500 crore w
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