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Indian Bank informs about fund raising

04 May 2023 Evaluate

In terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and in continuation of letter No. ISC/33/2023-24 dated 29.04.2023, Indian Bank has informed that the Board of Directors of the Bank in its meeting scheduled to be held on Monday, the 08th May 2023 will also consider a proposal for raising of Fund/ Equity Capital by the Bank through QIP/FPO/Rights issue and/or in combination thereof.

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

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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