Tuesday, July 07, 2009

Bank of Maharashtra to raise 15 bln rupees in 3 yrs


Tue, Jul 7 01:47 PM
Bank of Maharashtra is planning to raise 15 billion rupees in three years, its top official said on
Tuesday.
"We will be raising 5 billion rupees this year through a follow-on public offer, QIP (qualified
institutional placement) or issue perpetual preference shares," Chairman Allen C A Pereira said.
source :
http://in.news.yahoo.com/137/20090707/748/tbs-bank-of-maharashtra-to-raise-15-bln.html

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