Business Standard

Saturday, December 21, 2024 | 02:37 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Andhra Bank receives Rs 1100 crore from GoI

Image

Capital Market

Towards capital infusion for FY 2017

Andhra Bank announced that the Government of India has remitted Rs 1100 crore on 31 March 2017 towards contribution of Government of India in the preferential allotment of equity shares of the Bank. The amount will remain in Share Application money till compliance of certain terms.

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: Apr 01 2017 | 6:40 PM IST

Explore News