Allahabad Bank: Board meeting on Nov 22, 2013

Allahabad Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on November 22, 2013, inter alia, to consider issue of equity shares on preferential basis to Government of India (President of India) against the proposed capital infusion plans of Government of India and/or other capital plans including raising of Tier I capital through issue of equity shares by way of Qualified Institutions Placement (QIP) basis subject to necessary permission/approval from Government of India/Reserve Bank of India.Source : BSE

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