MoneyWorks4Me

Karnataka Bank board decides the raise of capital funds

17 Sep 2012 Evaluate
Karnataka Bank has informed that at the meeting of the board of directors of the company held on September 14, 2012 the matter of raising the capital funds was discussed. The board, after deliberations, decided not to raise equity capital. It was further decided to augment the capital funds by issue of Tier - 2 bonds.

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

Peers
Company Name CMP
HDFC Bank 707.10
ICICI Bank 1354.10
Axis Bank 1259.00
Kotak Mahindra Bank 440.10
Indusind Bank 862.45
View more..