State Bank of Travancore approves raising of Rs. 600 crores

The Executive Committee of the Board of Directors of State Bank of Travancore in its meeting held on December 07, 2016, has approved the raising of up to Rs. 600 Crores by way of issue of Basel III compliant Additional Tier I Bonds by private placement.

Shares of STATE BANK OF TRAVANCORE was last trading in BSE at Rs.551.6 as compared to the previous close of Rs. 558. The total number of shares traded during the day was 793 in over 95 trades.

The stock hit an intraday high of Rs. 565.4 and intraday low of 544.95. The net turnover during the day was Rs. 442397.

Source : Equity Bulls

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