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Business Companies 10 May 2019 J&K Bank to meet next week to consider raising Rs 1,600 crore in current fiscal
J&K Bank to meet next week to consider raising Rs 1,600 crore in current fiscal
PTI
Published : May 10, 2019, 12:41 pm IST
Updated : May 10, 2019, 12:41 pm IST
Shares of Jammu & Kashmir Bank were trading 4.16 per cent higher at Rs 55.10 apiece on BSE.
"The board of directors shall... consider the raising of capital (ATI/tier II) to the tune of Rs 1,600 crore during the financial year 2019-2020 in the meeting scheduled for May 15, 2019," Jammu & Kashmir Bank said in a BSE filing.
New Delhi: Jammu & Kashmir (J & K) Bank on Friday said its board will meet next week to consider raising Rs 1,600 crore during the current financial year.
"The board of directors shall... consider the raising of capital (ATI/tier II) to the tune of Rs 1,600 crore during the financial year 2019-2020 in the meeting scheduled for May 15, 2019," Jammu & Kashmir Bank said in a BSE filing.
Shares of Jammu & Kashmir Bank were trading 4.16 per cent higher at Rs 55.10 apiece on BSE.
