J&K Bank plans to raise up to Rs 4,500 cr capital via equity, debt
Tue, Sep 8, 2020 12:37 AM

J&K Bank plans to raise up to Rs 4,500 cr capital via equity, debt

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NEW DELHI: Public sector Jammu and Kashmir Bank is looking to raise up to Rs 4,500 crore through equities and debt, according to its annual report. The bank will seek shareholders' approval for the fund raise proposal in its annual general meeting to be held on September 28, 2020, the lender said in its Annual Report 2019-20.

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