Bank of India announces closure of QIP issue; raises Rs 2,550 cr
With this QIP, government shareholding in the bank has come down to 82.50 pc from 90.34 pc earlier. The bank scrip was trading at Rs 66.75 apiece on BSE
With this QIP, government shareholding in the bank has come down to 82.50 pc from 90.34 pc earlier. The bank scrip was trading at Rs 66.75 apiece on BSE
AU Bank intends to use the net proceeds for supporting long-term growth aligned to the bank's internal risk appetite.
Earlier this week, the bank had set the floor price for the issue at Rs 103.50 apiece.
As a result of these disruptions, "we estimate that GDP in fiscal 2020 (ending March 2021) will contract by four per cent".
On Tuesday, bank’s shares ended at Rs 1,152.45, down 0.67% on the BSE.
State-owned Bank of India (BoI) has deferred the Rs 3,000-crore capital raising plan through private placement of equity shares after…
HDFC Ltd on Saturday said its board has approved raising up to Rs 13,000 crore primarily to maintain its holding…
