CENTRAL government through preferential issue of equity shares. The capital infusion of Rs 5,431 crore by the Central government will be through preferential allotment of the bank's equity shares at a price fixed as per regulation. Finance Minister Arun Jaitley had committed capital infusion to banks FOLLOWING his meeting with chiefs of PUBLIC sector banks, on 25th September 2018.

"> CENTRAL government through preferential issue of equity shares. The capital infusion of Rs 5,431 crore by the Central government will be through preferential allotment of the bank's equity shares at a price fixed as per regulation. Finance Minister Arun Jaitley had committed capital infusion to banks FOLLOWING his meeting with chiefs of PUBLIC sector banks, on 25th September 2018.

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Which bank approved a proposal to raise Rs 5,431 crore capital support from the central government?

Current Affairs Banking in Current Affairs 1 year ago

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Punjab National Bank (PNB) approved proposal to raise Rs 5,431 crore capital support from the CENTRAL government through preferential issue of equity shares. The capital infusion of Rs 5,431 crore by the Central government will be through preferential allotment of the bank's equity shares at a price fixed as per regulation. Finance Minister Arun Jaitley had committed capital infusion to banks FOLLOWING his meeting with chiefs of PUBLIC sector banks, on 25th September 2018.

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Posted on 26 Jul 2024, this text provides information on Current Affairs related to Banking in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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