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Vijaya Bank to investment Rs 4.99 crore in National Payment Corporation of India

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Capital Market

On private placement basis

Vijaya Bank announced that the Bank is making investment of 1,42,000 Equity Shares in Private Placement of Equity Shares of National Payment Corporation of India (NPCI) at Rs. 352 per Equity Share, having face value of Rs. 100 each amounting to Rs. 4,99,84,000/- (Four Crore Ninety Nine Lakhs and Eighty Four Thousand only) i.e. in percentage term 1.02% of post-issue equity paid-up capital of the investee Company.

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First Published: Jan 14 2016 | 12:35 PM IST

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