Vijaya Bank to raise Rs 120 cr via subordinated debt issue
Vijaya Bank will kick off subordinated debt issues by public sector banks on December 28 with a 14.20 per cent paper. The paper's tenure is 63 months and seeks to mop up Rs 120 crore.

Twin-option debt fund from GICMF
The Money Back Plus scheme from GIC Mutual Fund is likely to open-up for subscription on December 28. The seven-year closed end debt scheme has targeted a minimum mobilisation of Rs 10 crore and will close for subscription on February 5.

Dundee to launch money market fund in January
The Canada-based Dundee group will foray into the Indian mutual funds sector by launching its scheme in the country in the first week of January next year.

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