Corporation Bank raises Rs 700 Crores

Corporation Bank has announced with reference to the earlier announcement dated February 17, 2009, that the Bank has raised Upper Tier-II Bonds [Series (I) (2)] for Rs 700 crore and the same allotted on February 24, 2009 to the respective applicants in demat mode and credited to their respective Client IDs.

The stock was trading at Rs.165.60, up by Rs.0.70 or 0.42%. The stock hit an intraday high of Rs.169 and low of Rs.163.

The total traded quantity was 7986 compared to 2 week average of 6392.

Source : Equity Bulls

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