In April this year, the Pune-based lender had received board approval to raise Rs 5,000 crore by way of QIP/rights issue/ preferential issue or by issuing Basel III bonds.
In April this year, the Pune-based lender had received board approval to raise Rs 5,000 crore by way of QIP/rights issue/ preferential issue or by issuing Basel III bonds
Read more about Bank of Maharashtra plans to raise up to Rs 2,000 cr through QIP on Business Standard. State-run Bank of Maharashtra is looking to raise up to Rs 2,000 crore through qualified institutional placement (QIP) route before July-end, its Managing Director and CEO A S Rajeev said.In April this year, the Pune-based lender had received board
The finance ministry may push ministries for a quick rollout and frontloading of the ₹5.54 lakh crore capital spending announced in the budget. The flagship Emergency Credit Line Guarantee Scheme (ECLGS), which now covers nearly 30 sectors including civil aviation and hospitals, could be expanded to more areas with easier conditions and provided higher capital support.