Business

Indian Bank to decide on raising Rs 7,000 crore in Q2: MD Padmaja Chunduru

Indian Bank to decide on raising Rs 7,000 crore in Q2: MD Padmaja Chunduru In December 2017, the bank#39;s Board accorded approval to raise equity capital upto Rs 7,000 crore in one or more tranches in the current or subsequent financial years based on requirement through FPO, private placement, QIP/rights issue/preferential issue/institutional placement programme.

from Moneycontrol Business News
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