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Board of J & K Bank approves Tier II capital raising up to Rs 1000 cr

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Capital Market
Last Updated : Mar 17 2022 | 3:04 PM IST

At meeting held on 17 March 2022

The Board of Jammu and Kashmir Bank at its meeting held on 17 March 2022 has approved raising of Basel III compliant Tier II capital up to Rs 1000 crore in the form of non-convertible, redeemable, unsecured, bonds on private placement basis.

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First Published: Mar 17 2022 | 2:52 PM IST

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