Catholic Syrian Bank has extended the last date for receiving applications for its rights issue to March 23.
The decision has been taken by the board of directors to protect the interests of small shareholders. Any eligible shareholder who wishes to apply, must submit the application in the format available on the bank’s Web site ( >www.csb.co.in ) at any of the bank’s branches or at the head-office, so as to reach before the close of office hours on Saturday.
The rights offer will help boost the business growth plan of the bank for the ensuing financial years.
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