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.
