Indian Bank gets nod to raise 5,000 crore via QIP, FPO
Indian Bank's Annual General Meeting in June approved a special resolution, empowering the bank to raise up to ₹5,000 crore. This capital infusion will be facilitated through various methods, including Qualified Institutional Placement, follow-on public offers, and rights issues.
Indian Bank's Annual General Meeting in June approved a special resolution, empowering the bank to raise up to ₹5,000 crore. This capital infusion will be facilitated through various methods, including Qualified Institutional Placement, follow-on public offers, and rights issues.
