J&K Bank gets shareholders' nod to raise up to Rs 4,500 cr capital
Wed, Sep 30, 2020 12:16 AM

J&K Bank gets shareholders' nod to raise up to Rs 4,500 cr capital

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Jammu and Kashmir Bank on Tuesday said it has received shareholders' nod to raise up to Rs 4,500 crore through equity and debt to fund its business plan. Besides, the shareholders also approved the proposal to increase the authorised share capital of the bank from Rs 95 crore to Rs 250 crore in its annual general meeting (AGM) held on September 28.

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