CUB board nod to raise ₹500cr | Chennai News
Chennai: The board of private lender City Union Bank (CUB) on Tuesday gave its nod to raise Rs 500 crore through Qualified Institutional Placement (QIP).In a regulatory filing, the bank said the board had approved raising additional capital of up to Rs 500 crore (including premium) through a QIP. The proposal will be included in…
