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

Board of Indian Overseas Bank approves capital plan for FY 22

Image
Capital Market
Last Updated : Jun 15 2021 | 9:51 AM IST

At meeting held on 14 June 2021

The Board of Indian Overseas Bank at its meeting held on 14 June 2021 has approved the capital plan of the Bank for the year 2021-22 comprising of issue of equity shares up to Rs 125 crore and Tier II capital by issue of Basel III Compliant Tier II bonds up to Rs 1000 crore.

Powered by Capital Market - Live News

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

More From This Section

First Published: Jun 15 2021 | 9:30 AM IST

Next Story