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Corporation Bank planning to raise Rs 2187 crore

08 Feb 2018 Evaluate

Corporation Bank is planning to raise equity capital by way of Preferential Allotment of equity shares to Government of India to the tune of Rs 2187 crore. The meeting of the Board of the Bank is scheduled to be held on February 12, 2018, to consider the same.

Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906.

Peers
Company Name CMP
State Bank Of India 965.85
PNB 113.90
Bank Of Baroda 231.15
Canara Bank 121.85
Union Bank Of India 174.35
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