India’s Karur Vysya Bank board to discuss raising capital on June 25

By Sarah Lizee

Olympia, Wash., June 18 – Karur Vysya Bank Ltd. informed the Bombay Stock Exchange that its board of directors will meet on June 25 to consider a proposal to raise capital.

The board will consider raising funds through preferential issue, private placement, non-convertible debt instruments, qualified institutions placements or any other mode or a combination of these.

Karur Vysya is a Karur, India-based bank.

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