QIP - Modern Business India

qip: AU SFB launches QIP for Rs 2,500 cr fund mop-up; sets floor price at Rs 590.84/share

on Wednesday opened its qualified institutional placement (QIP) to raise up to Rs 2,500 crore, setting the floor price for the issue at Rs 590.84 per share. The decision was taken at a meeting of the bank's capital raising committee.…

city union bank: City Union Bank to raise up to Rs 500 cr via QIP

New Delhi: on Wednesday said it will raise Rs 500 crore from qualified institutional players. The board of directors at a meeting approved raising of further capital through the QIP route to the tune of Rs 500 crore, City Union Bank…

Bank of India: Bank of India to raise fresh equity capital up to Rs 2,500 cr to comply with minimum…

New Delhi: State-owned Bank of India (BoI) is mulling to raise up to Rs 2,500 crore in fresh equity capital as it requires to increase the public shareholding in the bank to 25 per cent to comply with regulatory norms. Presently, public…