Syndicate Bank to raise Rs 5.39 bn from govt
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Syndicate Bank to raise Rs 5.39 bn from govt

Last Updated: Monday, February 20, 2012, 13:00
 
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Syndicate Bank to raise Rs 5.39 bn from govt
New Delhi: Syndicate Bank said on Monday it planned to raise 5.39 billion rupees through issue of preferential shares to the government by March-end.

A committee of directors formed to decide on the quantum of fund raising via issue of preferential shares gave a go-ahead on Saturday, the state-run bank said. The issue price will be determined as per the regulatory norms.

Bureau Report



First Published: Monday, February 20, 2012, 13:00


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