Board of J & K Bank approves Tier II capital raising up to Rs 1000 cr

At meeting held on 17 March 2022

The Board of Jammu and Kashmir Bank at its meeting held on 17 March 2022 has approved raising of Basel III compliant Tier II capital up to Rs 1000 crore in the form of non-convertible, redeemable, unsecured, bonds on private placement basis.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, March 17 2022. 14:52 IST

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