Corporation Bank raises Rs 500 crore through Tier-II Bonds

Corporation Bank has now announced with reference to the earlier announcement dated May 27, 2009, that the Bank has raised Upper Tier-II Bonds [Series (III) (4)] for Rs 500 crore and the same allotted on May 28, 2009 to the respective applicant in demat mode and credited to the respective Client ID.

The stock was trading at Rs.315, up by Rs.4.35 or 1.40%. The stock hit an intraday high of Rs.322 and low of Rs.311.

The total traded quantity was 4264 compared to 2 week average of 85278.

Source : Equity Bulls

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