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City Union Bank board to consider resolution for augmentation
Date: 19-06-2012City Union Bank has informed that a meeting of the board of directors of the bank will be held on June 22, 2012, to consider an enabling resolution for augmentation of capital through a process of Qualified Institutional Placement (QIP) that is proposed to be placed before share holders for their approval at the ensuing annual general meeting subject to the applicable laws and regulations including guidelines issued by RBI & SEBI.
The above information is a part of company's filings submitted to BSE.