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Board of Indian Overseas Bank approves capital plan for FY 22

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Capital Market

At meeting held on 14 June 2021

The Board of Indian Overseas Bank at its meeting held on 14 June 2021 has approved the capital plan of the Bank for the year 2021-22 comprising of issue of equity shares up to Rs 125 crore and Tier II capital by issue of Basel III Compliant Tier II bonds up to Rs 1000 crore.

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First Published: Jun 15 2021 | 9:30 AM IST

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