Don’t miss the latest developments in business and finance.

Board of Allahabad Bank approves raising of equity capital up to Rs 2153 cr

Image
Capital Market
Last Updated : Jan 24 2020 | 4:50 PM IST

At meeting held on 24 January 2020

The Board of Allahabad Bank at its meeting held on 24 January 2020 has approved the raising of equity capital of the bank by an amount aggregating up to Rs 2153 crore through preferential issue of equity shares to the Govt. of India against their capital infusion of Rs 2153 crore in the Bank.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 24 2020 | 4:17 PM IST

Next Story