Pan Asia Bank’s Rs. 750 m debenture issue fully subscribed

Saturday, 17 March 2012 00:00 - - {{hitsCtrl.values.hits}}

Pan Asia Bank’s debenture issue of 750,000 rated, unsecured, subordinated, redeemable debentures of Rs. 1,000 each was fully subscribed.

Funds from this issue will strengthen Pan Asia Bank’s tier 2 capital, which will enable the bank to further expand its asset book.

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