Union Bank of India to raise Rs 6,000 crore via equity, debt instruments
Public sector lender Union Bank of India on Wednesday announced plans to raise up to Rs 6,000 crore through a mix of equity and debt instruments.
Public sector lender Union Bank of India on Wednesday announced plans to raise up to Rs 6,000 crore through a mix of equity and debt instruments.
The state government has directed the Agriculture Department to strengthen active Farmer Producer Organizations (FPOs) and expedite the process of connecting them with ONDC and e-NAM through the proposed Farmer Producer Cell.
A report by the government on Tuesday said 50 per cent subsidy is being provided on single agricultural equipment. Besides, 44,363 single agricultural equipment have been distributed to farmers so far.
On Wednesday, Adani Enterprises decided not to go-ahead with its fully subscribed Follow-on Public Offer (FPO)
More than 5.87 lakh farmers have been mobilised under the 'Formation & Promotion of 10,000 Farmer Producer Organisations (FPOs)' scheme launched in February 2020 with equity contribution by farmer members amounting to Rs 36.82 crore, the Centre announced on Thursday.
The bank recently raised Rs 15,000 crore through an FPO with a floor price of Rs 12 per share. Since then, Yes Bank shares have been on a downward trend.
The FPO issue will open from July 15 to July 17 and bidding by anchor investors will be held on July 14.
