Corporation Bank to raise Rs 650 cr through bonds

Public sector lender Corporation Bank said it would raise Rs 650 crore through issuing bonds in the markets.

In a filing to the Bombay Stock Exchange (BSE), the bank said it will raise Rs 650 crore through the issue of bonds at different coupon rates.

Shares of Corporation Bank were trading at Rs 354, up 2.31 per cent in afternoon trade on the BSE.