New Delhi July 3 (IANS) Central Bank of India s shareholders have approved a proposal to raise Rs 6 500 crore through follow-on public offer (FPO) rights issue and qualified institutional placement (QIP).
The state-owned lender on Monday said its shareholders approved the company s capital raising plans at the annual general meeting (AGM) held on June 30 at Mumbai.
--IANS
rv/mr
Central Bank shareholders okay plan to raise Rs 6,500 crore
