Indian Bank plans to raise equity capital up to Rs 4000 cr via QIP issue
Indian Bank announced that the committee of directors of the Bank at its meeting held on 09 March 2021 has accorded its approval for raising of equity capital of the Bank aggregating up to Rs 4000 crore (including premium) through qualified institutional placement in one or more tranches.
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First Published: Mar 09 2021 | 7:03 PM IST