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City Union Bank board to consider resolution for augmentation

19 Jun 2012 Evaluate
City Union Bank has informed that a meeting of the board of directors of the bank will be held on June 22, 2012, to consider an enabling resolution for augmentation of capital through a process of Qualified Institutional Placement (QIP) that is proposed to be placed before share holders for their approval at the ensuing annual general meeting subject to the applicable laws and regulations including guidelines issued by RBI & SEBI.

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


Peers
Company Name CMP
HDFC Bank 704.90
ICICI Bank 1351.45
Axis Bank 1254.80
Kotak Mahindra Bank 439.20
Indusind Bank 878.70
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