Business Standard

Outcome of board meeting of Canara Bank

Image

Capital Market

Held on 28 April 2014

Canara Bank announced that the Board of Directors of the Bank, in its meeting held on 28 April 2014, discussed about the various options of raising capital on account of Basel III guidelines & also to fund the general business needs of the Bank and decided to raise funds through QIP Mode or through preferential allotment during the current financial year.

The Board has constituted a Committee of Directors to decide on the modalities of the cited two options.

Powered by Capital Market - Live News

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

First Published: Apr 28 2014 | 3:27 PM IST

Explore News