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Reliance General Insurance Co Ltd vs Jagdish & Ors on 12 March, 2024

Reliance General Insurance Co Ltd vs Jagdish & Ors on 12 March, 2024
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Karnataka Bank To Strengthen Finances With Rs 100 Cr Equity Infusion From ICICI Lombard

The bank plans to bolster its financial strength with a fresh equity infusion of Rs 700 crore, , Karnataka Bank, icici lombard

icici lombard general insurance: Karnataka Bank to raise Rs 100 cr equity from ICICI Lombard

Karnataka Bank has decided to allot Rs 100 crore worth of preferential shares to ICICI Lombard General Insurance as part of its plans to raise Rs 700 crore in fresh equity. The allotment is subject to regulatory and shareholder approval and will be raised through other permitted means. The bank raised Rs 800 crore through a preferential issue of shares in October last year.

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