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Tuesday, Jan 04, 2005

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Money & Banking - Public Sector Banks


Andhra Bank raises Rs 200 cr via bonds

Our Bureau

HYDERABAD: Andhra Bank has raised Rs 200 crore subordinated debt bonds on January 3 for a period of 111 months at a coupon rate of 7.25 per cent per annum.

The debt bonds were fully subscribed the same day, the Bank said in a press release here.

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