At the annual general meeting (AGM) held today, the resolution was passed for raising of equity capital, the bank said in a regulatory filing.
The money can be raised by follow-on public offer/rights issue/qualified institutional placement/preferential issue etc aggregating to Rs 2,000 crore including share premium, it said.
Earlier in May, the bank had said that the funds it intends to raise through equity capital will be added to bank's capital conservation buffer (CCB) as per Basel III requirements and also for annual business growth.
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