Vijaya Bank today announced that its second equity offering of ten crore equity shares of Rs 10 each for cash at a premium of Rs 14 per share aggregating Rs 240 crore is set to open for subscription to the public from October 9 to October 17.
Speaking to reporters here the chairman of the Mangalore-based bank M S Kapur said the bank will utilise the equity proceeds for its regular business activities which is in line with the estimated growth in risk weighted assets.
The public offering will increase the bank
