Outcome of Board Meeting
This is to inform the Exchange that the Board of the Bank, during the course of their meeting on 15.06.2017, has discussed the Agenda Item as mentioned in the cited letter and permitted the Bank to raise Capital at an appropriate time subject to necessary approvals and eligibility as per the following details : -Equity capital up to Rs. 3500 Crore, inclusive of premium to be decided, by way of Qualified Institutional Placement...15-06-2017