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IIM-K LIVE & Indian Bank ink a game-changing MoU – Rashtra News : Education News

IIM-K LIVE & Indian Bank ink a game-changing MoU - Rashtra News : Rashtra News #IIMK #LIVE #Indian #Bank #ink #gamechanging #MoU #Times #India The Indian Institute of Management - Kozhikode's Business incubator 'Laboratory for Innovation Venturing and Entrepreneurship' (LIVE) and Indian Bank signed a game-changing Memorandum of Understanding (MoU) here on Thursday. The inked […] ....

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Indian Bank directors approve Rs 4,000 crore fundraising via share sale


Indian Bank directors approve Rs 4,000 crore fundraising via share sale
Following the QIP, the government holding in the bank will come down from the existing level. The government as the promoter of the bank holds 88.06 per cent in the Chennai-headquartered Indian Bank
PTI | March 9, 2021 | Updated 21:44 IST
Indian Bank
State-owned Indian Bank on Tuesday said its committee of directors has given approval for raising up to Rs 4,000 crore through share sale.
Shareholders of the bank on March 2 had given approval for the capital raising.
The Committee of Directors in its meeting held on March 9, 2021, has accorded approval for raising of equity capital of the bank aggregating up to Rs 4,000 crore (including premium) through qualified institutions placement (QIP) in one or more tranches, Indian Bank said in a regulatory filing. ....

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Indian Bank to raise up to Rs 4,000 crore


Indian Bank to raise up to Rs 4,000 crore
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Last Updated: Mar 09, 2021, 08:40 PM IST
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The government as the promoter of the bank holds 88.06 per cent in the Chennai-headquartered Indian Bank.
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NEW DELHI: State-owned
Indian Bank on Tuesday said its committee of directors has given approval for raising up to Rs 4,000 crore through share sale. Shareholders of the bank on March 2 had given approval for the capital raising.
The Committee of Directors in its meeting held on March 9, 2021, has accorded approval for raising of equity capital of the bank aggregating up to Rs 4,000 crore (including premium) through qualified institutions placement (QIP) in one or more tranches, Indian Bank said in a regulatory filing. ....

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