Corporation Bank allots bonds worth Rs 300 crore

Corporation Bank has now announced with reference to earlier annoucement dated July 07, 2009, that the Bank has raised Tier-I Bonds [Series (I) (2)] for Rs 300 crore and the same allotted on July 10, 2009 to the respective applicant in demat mode and credited to the respective Client ID.

The stock was trading at Rs.288.85, down by Rs.8.55 or 2.87%. The stock hit an intraday high of Rs.294.90 and low of Rs.284.

The total traded quantity was 2974 compared to 2 week average of 9903.

Source : Equity Bulls

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