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SEBI clears IDBI's Flexibond issue

MUMBAI, DEC. 7. The Securities and Exchange Board of India (SEBI) has cleared the Rs. 3,000-crore Flexibond issue of the Industrial Development Bank of India (IDBI). The state-owned Dena Bank and Karnataka Bank have filed prospectus with SEBI for their public and right offerings respectively, SEBI said in a release here today. — PTI

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