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.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on December 21, 2017
This article is closed for comments.
Please Email the Editor