Feb 19 2011:
PUBLIC EQUITY:
PUBLIC EQUITY:
Indian Overseas Bank (IOB) on Saturday said the government decided to infuse INR 10.54 billion in bank as part of recapitalisation package.
The capital infusion is aimed at shoring up equity base of the bank to enhance lending to productive sectors of the economy.
The government decided to infuse INR 10.54 billlion in bank by way of preferential allotment of the equity, IOB informed the Bombay Stock Exchange in a filing.
Reference: BSE
No comments:
Post a Comment