Eyes on fund-raising plans of BoB, Corp Bank

| Updated on January 09, 2018 Published on December 21, 2017

The board of Corporation Bank will meet on Friday to mull fund-raising. Earlier this year, it had received shareholders’ nod for raising up to ₹3,500 crore through a share sale. The bank had reported a loss of ₹1,035.20 crore in Q2 September 2017, compared with a net profit of ₹206.28 crore in Q2 2016.

The board of Bank of Baroda is also meeting to consider raising funds over and above the ₹3,000 crore it had already got for, from the board and shareholders.

Published on December 21, 2017
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