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Tag Archives: Rights Issue

Corporation Bank gets nod to raise funds up to Rs 3,500 crore

Corporation Bank has received an approval for raising of capital to the extent of Rs 3,500 crore in one or more tranches with Green Shoe Option, if any. The board of directors at its meeting held on May 20, 2017 had approved for the same. The funds will be raised ... Read More »

Federal Bank gets nod to raise Rs 2500 crore

Federal Bank has received its board’s approval for raising of equity capital up to an aggregate amount of Rs 2500 crore including premium if any, through Qualified Institutional Placement (QIP), Rights Issue, Private Placement, Preferential Issue, Public issue/Follow on Public Offering (FPO), Global Depository Receipts (GDR), American Depository Receipts(ADR) or ... Read More »