Indian Bank Qip
City Union Bank plans to raise up to Rs 500 cr via QIP to fund biz growth
City Union Bank on Monday said it will raise Rs 500 crore through the Qualified Institutional Placement (QIP) route to fund business growth. The board of directors at a meeting approved raising of further capital through the QIP route to the tune of Rs 500 crore, City Union Bank said in a regulatory filing. The private sector lender said that shareholders' nod would be sought in the annual general meeting for the capital raise plan. Last year, the bank obtained shareholders' nod for raising Rs 500 crore through QIP but could not utilise, it said.
 "City Union Bank plans to raise up to Rs 500 cr via QIP to fund biz growth")
Indian Bank dips 8% post listing of fresh shares issued to QIBs
On Friday, June 25, Indian Bank had informed the stock exchanges that it raised Rs 1,650 crore through QIP
 "Indian Bank dips 8% post listing of fresh shares issued to QIBs")
Stocks to watch: PNB Housing, Indian Bank, Jet Airways, Dish TV, SBI, NMDC
The National Company Law Tribunal will pass its order on the Kalrock-Jalan consortium's plan for revival of Jet Airways today
 "Stocks to watch: PNB Housing, Indian Bank, Jet Airways, Dish TV, SBI, NMDC")
ICICI Bank launches QIP with floor price of Rs 351.36, eyes Rs 15,000 cr
The bank's Capital Adequacy Ratio (CAR) stood at 16 per cent as on June 30, 2020 with Tier I at 14.72 per cent. The asset quality profile of the bank improved during the reporting quarter
 "ICICI Bank launches QIP with floor price of Rs 351.36, eyes Rs 15,000 cr")
Indian Bank gets Sebi nod to raise capital by selling equity shares via QIP
The plan is to achieve the minimum public shareholding as per the norms. At present, the promoter Government of India has around 82 per cent of the total shares in the Indian Bank.
 "Indian Bank gets Sebi nod to raise capital by selling equity shares via QIP")
