DENA BANK RAISE FUND FOR BASELIII

DENA BANK PLANS TO RAISE RS 1000 CR THROUGH BOND.

DENA BANK IS LOOKING TO RAISE RS1000CR FROM BONDS TO FUND ITS GROWTH PLANS.THE BANK IS PLANNING TO RAISE BASEL III COMPLIANT ADDITIONAL  TIER I BONDS FOR AN AMOUNT OF RS1000CR, THROUGH PRIVATE PLACEMENT (UNLISTED SHARE).