The decision to raise the capital was taken at the bank's annual general meeting on June 28, 2016, it said in regulatory filing.
The bank said its Board of Directors has adopted and approved a proposal "to create, offer, issue and allot equity shares of face value of Rs 10 each up to an aggregate amount not exceeding Rs 1,000 crore."
The funds will be raised in one or more tranches to qualified institutional buyers under the qualified institutions placement (QIP) by way of public issue, rights issue or other forms of capital issue, it said.
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