Lakshmi Vilas Bank to raise Rs 240-300 cr via rights issue
Press Trust of India / Mumbai Sep 22, 2009, 17:19 IST
Private sector lender Lakshmi Vilas Bank is planning to raise Rs 240 crore to 300 crore through the issue of shares on rights basis.
The board of directors has approved the raising of Rs 240 crore to Rs 300 crore of funds through issue of shares on rights basis to the shareholders of the bank, Lakshmi Vilas Bank said in a statement to the Bombay Stock Exchange (BSE) today.