Business Standard

Sunday, December 22, 2024 | 11:10 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Andhra Bank gets capital infusion of Rs 2019 crore from GoI

Image

Capital Market

On 23 July 2018

Andhra Bank on 23 July 2018 has received an amount of Rs 2,019 crore towards contribution of the Central Government in the preferential allotment of equity shares of the Bank. The said amount will remain in Share Application Money till allotment of shares on preferential basis to the Government of India after receipt of all requisite statutory/ regulatory approvals including approval of shareholders.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 24 2018 | 7:22 PM IST

Explore News