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Central Bank of India plans to raise equity capital up to Rs 6500 crore

Capital Market 

In FY 2017-18

of plans to raise equity capital upto Rs 6500 crore during FY 2017-18 through various modes such as preferential issue, QIP, rights issue, FPO etc subject to approval of Govt. of India, Reserve of and other statutory authorities. The Board of Directors of the will consider the proposal for approval of shareholders at its meeting on 23 May 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 13:30 IST