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J&K Bank shareholders reject a proposal to reappoint four directors

Give approval to raise Rs 550 crore through tier-I bonds and Rs 1,050 crore through Basel III-compliant bonds

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Jammu & Kashmir Bank

Abhijit Lele  |  Mumbai 



FY20 is expected to be a pivotal year in accelerating the difficult-yet-imperative transformation of the banking industry
FY20 is expected to be a pivotal year in accelerating the difficult-yet-imperative transformation of the banking industry

The shareholders of Jammu and Kashmir (J&K) Bank have rejected a proposal to reappoint four directors, with over 85 per cent members voting against the plan.

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First Published: Mon, October 07 2019. 22:15 IST

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