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Jammu & Kashmir Bank informs about board meeting for consideration of raising of capital

06 May 2021 Evaluate

Further to its letter no. JKB/BS/F3652/2021/001 dated 01st April, 2021 and pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jammu & Kashmir Bank has informed that the Board of Directors of the Bank will meet on Wednesday, 12th May, 2021 to consider/discuss the proposal of capital infusion by the Govt. of Jammu & Kashmir as its promoter shareholder to the tune of Rs 500 crores in the Bank.

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

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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