Central Bank shareholders okay plan to raise Rs 6,500 crore
Monday - July 3, 2017 10:32 pm ,
Category : BUSINESS
Central Bank shareholders okay plan to raise Rs 6,500 crore
New Delhi July 3 (IANS) Central Bank of India s shareholders have approved a proposal to raise Rs 6 500 crore through follow-on public offer (FPO) rights issue and qualified institutional placement (QIP).
The state-owned lender on Monday said its shareholders approved the company s capital raising plans at the annual general meeting (AGM) held on June 30 at Mumbai.
--IANS
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