Through QIP issue
The Share Issue and Allotment Committee of the Board of Directors of Allahabad Bank at its meeting held on 13 October 2017 has accorded approval for raising of equity capital of Bank aggregating up to Rs 1000 crore (including premium) through Qualified Institutional Placement in one or more tranches during FY 2017-18 subject to all statutory and regulatory approval in this regard.Powered by Capital Market - Live News
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