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Vijaya Bank informs about outcome of board meeting

30 Mar 2016 Evaluate

Vijaya Bank has informed that pursuant to Government of India letter dated March 28, 2016, Government has decided to infuse capital funds to the tune of Rs 220 crore in Vijaya Bank by way of preferential allotment of equity in favour of Government of India as part of capital infusion for the Financial Year 2015-16.  The letter was placed before the Board of Directors in its meeting held on March 29, 2016 and Board has accorded approval for the above said infusion of Equity by way of preferential allotment in favour of Government of India.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SBI 1094.10
PNB 112.80
Canara Bank 140.90
Bank Of Baroda 276.05
Union Bank Of India 179.65
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