Canara Bank has informed that meeting of Board of Directors of the Bank is scheduled to be held on 13th September, 2019 (Friday), to consider the amalgamation of Syndicate Bank into Canara Bank; and to consider capital infusion up to Rs 9000 crore by Government of India by way of preferential issue of Equity shares subject to necessary approvals.
The above information is a part of company’s filings submitted to BSE.