On private placement basis
Jammu and Kashmir Bank announced that the Share Issue Committee of the Board of Directors ('Committee') at its Meeting held on 14 June 2018 considered and approved the allotment of 10000 non-convertible, redeemable, unsecured, Basel III Compliant, Tier 1 Bonds in the nature of debentures for augmenting Tier 1 capital at par aggregating upto Rs 1000 crore by way of private placement.Powered by Capital Market - Live News
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