From Rs 100 crore to Rs 95 crore
Jammu and Kashmir Bank has received approval from the Reserve Bank of India for reduction in authorised capital of Bank from Rs 100 crore dividend into 100 crore equity shares of Re 1 each to Rs 95 crore dividend into 900 crore equity shares of Re 1 each to seek compliance with the provisions of section 12 and 49C of the Banking Regulations Act, 1949.Powered by Capital Market - Live News