Basel II norms, which will come into effect soon, requires banks to have a higher capital adequacy ratio. Higher capital also ensures greater lending power to banks.
The south-based public sector bank is making its second round of equity issuance of five crore shares. The issue is opening on Thursday and the price band will be announced day after.
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| FY05 EPS (Rs) | PE (x) | FY05 book value (Rs) | PBV (x) | Price as on July 1, | |