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Indian Bank launches QIP issue

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Capital Market
Last Updated : Jun 22 2021 | 11:18 AM IST

With floor price of Rs 142.15 per equity share

The Committee of Capital Raising of Board of Directors of Indian Bank at its meeting held on 21 June 2021 approved the opening of the QIP issue on 21 June 2021. The Committee approved the floor price of Rs 142.15 per equity share for the issue. The Bank may at its discretion offer a discount of up to 5% on the floor price in the QIP.

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First Published: Jun 22 2021 | 10:11 AM IST

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