The board of directors of Karnataka Bank has approved the proposal for augmenting the bank’s capital. The board of directors approved the proposal for augmenting the capital funds of the bank through issue of non-convertible lower tier-II subordinated bonds to the tune of ₹800 crore in one or more tranches under private placement basis.
Karnataka Bank to raise ₹800 cr
Published on
September 5, 2018 17:24
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