UTI Bank private placement allotment

Mumbai, Mar 22 (UNI) Private sector banking major UTI Bank has informed the Bombay Stock Exchange (BSE) that it has alloted on a private placement basis 5,000 unsecured redeemable non-convertible debentures of Rs 10,00,000 each aggregating Rs 500-crore (including a green shoe option of Rs. 350-crore) as the bank's Tier-II capital.

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